Asian markets trade lower after China's data

Monday, 15. July 2019 04:32

Major stock markets in the Asia-Pacific region rose on Monday, amid the latest batch of China's economic data. Earlier published data indicates that the growth of the world's second-largest economy's gross domestic product slid to a 27-year low, while both the retail sales and the industrial production outperformed market expectations.

In Mainland China, the Shanghai Composite was 0.43% below the flatline at 4:29 am CET, while the Shenzhen Composite decreased by 0.13% concurrently. Hong Kong's Hang Seng was trading flat a minute later.

South Korean Kospi Composite also traded flat to negative at 4:10 am CET. Australia's S&P/ASX 200 was 0.31% in the red at 4:31 am CET.

Japanese Nikkei 225 is closed for the day over the national holiday.

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Author:
Breaking the News / MA