Asian shares trade mostly higher after PMI data

Monday, 02. August 2021 04:33

Equities on the Asian markets started the week's trading session mostly higher on Monday after Japan released its manufacturing PMI figure which signaled only a slight improvement in business activity in July. In China, the Caixin China General Manufacturing PMI data for the same month showed that the country's manufacturing sector slipped to a 15-month low, despite remaining above the neutral 50.

In mainland China, the Shanghai Composite went down by 0.25% at 04:27 am CET, as the Shenzhen Composite added 0.33%. Japan's Nikkei 225 increased by 1.62% a minute later, with the Australian S&P 200 up by 1.28% at the same time.

At 04:30 am CET, South Korea's Kospi lost 0.04%, with Hong Kong's Hang Seng rising by 0.08% a minute later. The dollar traded 0.02% lower against the yen, going for ¥109.6695 at 04:33 am CET.

Related Links: 
Author:
Breaking the News / NL