HONG KONG: Asia’s markets were mixed yesterday despite a positive lead from Wall Street, as traders await the release of key economic data this week including figures on global manufacturing and United States jobs.
Tokyo climbed 0.44 per cent to finish at 15,162.10, Seoul rose 0.69 per cent, or 13.70 points, to 2,002.21 and Shanghai ended 0.59 per cent higher, adding 11.82 points to 2,048.33.
However, Sydney slipped 0.91 per cent, or 49.4 points, to close at 5,395.70.
With few catalysts to drive business, the focus is on Tuesday’s release of June purchasing managers’ indices out of China, the eurozone and the United States.
There are hopes the figures will show a further rise in activity in global manufacturing following a recent uptick.
The three main indices on Wall Street ended higher Friday thanks to a healthy earnings report from Nike. The Dow edged marginally higher, while the S&P 500 rose 0.19 per cent and the Nasdaq put on 0.43 per cent.
In other markets:
q Taipei rose 0.93 per cent, or 86.24 points, to 9,393.07. Taiwan Semiconductor Manufacturing Co added 0.80 per cent to T$126.5 while Hon Hai Precision added 1.42 per cent to T$100.0.
q Wellington was marginally lower, dipping 2.77 points to 5,141.48. Contact Energy eased 0.38 per cent to NZ$5.31 and Trade Me lost 0.57 per cent to end at NZ$3.48.
q Manila was flat, nudging up 2.16 points to 6,844.31. Ayala Corp shed 0.08 per cent to 647.50 pesos and Philippine Long Distance Telephone was up 0.95 per cent at 2,988 pesos.
q Jakarta ended up 0.69 per cent, or 33.45 points, at 4,878.58. Retailer Hero Supermarket gained 3.52 per cent to 2,795 rupiah, while palm oil firm Astra Agro Lestari slipped 1.83 per cent to 28,175 rupiah.
q Bangkok added 0.17 per cent, or 2.51 points, to 1,485.75. Oil company PTT gained 1.92 per cent to 318.00 baht, while Thai Airways International lost 2.63 per cent to 14.80 baht.
q Mumbai rose 1.25 per cent to 25,413.78. Syndicate Bank rose 10.90 per cent to 175 rupees and Allahabad Bank added 9.18 per cent to 145.15 rupees. AFP
- Wall Street