SINGAPORE — Shares in Asia-Pacific were mixed on Monday as investors reacted to Chinese trade data for May.
Mainland Chinese stocks closed mixed, with the Shanghai composite rising 0.21% to 3,599.54 while the Shenzhen component declined fractionally to 14,862.60. Hong Kong’s Hang Seng index fell 0.55%, as of its final hour of trading.
China’s exports in dollar terms rose 27.9% in May as compared with a year earlier, according to customs data released Monday. That was lower than forecasts by analysts in a Reuters poll for a 32.1% year-on-year jump in exports.
In Australia, the S&P/ASX 200 shed 0.19% to close at 7,281.90.
MSCI’s broadest index of Asia-Pacific stocks outside Japan traded around 0.1% lower.
In other developments, finance ministers from the Group of Seven over the weekend backed a U.S. proposal that calls for firms globally to pay at least 15% tax on earnings.
Markets in Malaysia and New Zealand were closed on Monday for holidays.
|.N225||Nikkei 225 Index||NIKKEI||29038.03||18.79||0.06|
|.HSI||Hang Seng Index||HSI||28864.07||76.79||0.27|
|.AXJO||S&P/ASX 200||ASX 200||7280.20||-1.70||-0.02|
|.FTFCNBCA||CNBC 100 ASIA IDX||CNBC 100||11114.71||-0.90||-0.01|
The U.S. dollar index, which tracks the greenback against a basket of its peers, was at 90.261 following a recent decline from above 90.4.
The Japanese yen traded at 109.55 per dollar, after strengthening late last week from above 110.1 against the greenback. The Australian dollar changed hands at $0.7734, after climbing from levels below $0.768 late last week.
SOURCE : https://www.cnbc.com/2021/06/07/asia-markets-china-trade-data-currencies-oil.html