Stocks in Asia traded mixed Friday morning as shares on Wall Street jumped to new record highs overnight stateside.
Japan’s Nikkei 225 was largely unchanged in early trade while the Topix index added 0.18%. In South Korea, the Kospi slipped 0.61% as shares of Hyundai Motor fell more than 1.5%.
Japanese retail sales data for November released earlier on Friday came in worse than expected. Retail sales declined 2.1% in November as compared with a year earlier, government data showed. That was below a median market forecast for a 1.7% decline, according to Reuters. The data follows a sales tax hike that went into effect in October.
Meanwhile, shares in Australia rose in morning trade as they returned from the holidays, with the S&P/ASX 200 rising 0.13%.
Overall, the MSCI Asia ex-Japan was largely unchanged.