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Asia Pacific stocks trade mixed as investors await Chinese inflation data


Tuesday, 10 September 2019 07:46 WIB

Saham Asian Indeks MSCI Asia Pasifikindeks SP/ASX 200 indeks Kospi


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Stocks in Asia were traded mixed Tuesday morning as investors await the release of Chinese inflation data.

The Nikkei 225 in Japan gained 0.35% in early trade, while the Topix index added 0.43%. Shares of automaker Nissan Motor jumped about 3% after the company's CEO Hiroto Saikawa announced his resignation effective September 16.

Over in South Korea, the Kospi also rose 0.32%. Australia's S&P/ASX 200, on the other hand, slipped 0.26%.

Overall, the MSCI Asia ex-Japan index was largely flat.

Investors await the release of Chinese inflation data for August, with both the Consumer Price Index and Producer Price Index set to be released at 9:30 a.m. HK/SIN. In particular, food prices will be watched, with pork prices soaring 27% from a year ago in July.

Source : CNBC


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