Asia Mixed After U.S. Stocks Peak

Barchart · 11/26 06:18
Asia-Pacific markets traded mixed Tuesday, in contrast to Wall Street, which saw U.S. benchmarks notching record highs following President-elect Donald Trump’s choice for Treasury secretary.

In Japan, the Nikkei 225 index fell 338.14 points, or 0.9%, to 38,442. Japan’s service PPI rose 2.9% year on year, compared to a 2.8% rise the previous month.

In Hong Kong, the Hang Seng Index recovered 8.21 points, or 0.04%, to 19,159.20.

Singapore’s manufacturing output rose 1.2% year on year, missing Reuters’ expectations of a 2.2% rise, according to LSEG data. The figure compares to a 9.8% increase in September.

In other markets

In Shanghai, the CSI 300 slumped 7.91 points, or 0.2%, to 3,840.18.

In Taiwan, the Taiex stumbled 269.61 points, or 1.2%, to 22,678,76.

In Korea, the Kospi index deleted 13.98 points, or 0.6%, to 2,520.36.

In Singapore, the Straits Times Index slid 19 points, or 0.5%, at 3,712.39.

In New Zealand, the NZX 50 shed 82.32 points, or 0.6%, to 13,113.76

In Australia, the ASX 200 subtracted 58.19 points, or 0.7%, to 8,359.45