Asian stocks mostly higher ahead of data

Monday, 17. May 2021 03:38

Most major stock market indexes in Asia started the week's first trading session higher on Monday as investors kept their eyes on the release of key retail and industrial production figures coming out of China. Meanwhile, Japan's produces prices surprised expectations in April, surging by 3.6% on a yearly and 0.7% on a monthly basis.

In mainland China, the Shanghai Composite traded 0.39% higher at 3:36 am CET, as Shenzhen Composite added 1.15%. Hong Kong's Hang Seng increased by 0.57% at 3:34 am CET and the Australian S&P/ASX 200 added 0.52% a minute later.

On the other hand, Japan's Nikkei 225 went down by 0.36% at 3:33 am CET, as South Korea's Kospi fell by 0.17%. The dollar stood 0.01% lower against the yen, going for ¥109.3405 at 3:35 am CET.

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Breaking the News / NL