Asia Mixed as Australia Trade Surplus Booms

Shares in Asia-Pacific were mixed on Thursday as Australia reported a higher-than-expected trade surplus in July.

The Nikkei 225 gained 92.49 points, or 0.3%, to 28,547.51.

The Japanese yen traded at 110.01 per U.S. dollar, stronger than levels around 110.4 seen against the greenback yesterday.

In Hong Kong, the Hang Seng Index jumped 62,14 points, or 0.2%, to 26,090.43.

Shares of other Chinese tech firms in Hong Kong also largely saw gains on the day: Tencent jumped 1.6% and Alibaba rose 3.5%.

Australia recorded a trade surplus of 12.117 billion Australian dollars (about $8.93 billion U.S.) in July, according to data released Thursday by the country’s Bureau of Statistics. That was much higher than the 10.2 billion Australian dollars surplus projected in a Reuters poll.

The Australian dollar changed hands at $0.7388, having climbed from below $0.73 earlier in the week.


In Shanghai, the CSI 300 docked 0.05 points to 4,869.41.

Chinese regulators summoned and interviewed 11 ride-hailing firms asking them to rectify non-compliant behavior. Companies that were interviewed by the Ministry of Transport and other regulators included Didi and Meituan.

In other markets

In Korea, the Kospi index retreated 31.17 points, or 1%, to 3,175.85

In Singapore, the Straits Times added one point to 3,088.84

In Taiwan, the Taiex index tumbled 154.23 points, or 0.9%, to 17,319.76

In New Zealand, the NZX 50 progressed 36.98 points, or 0.3%, to 13,280.47

In Australia, the ASX 200 dropped 41.39 points, or 0.6%, at 7,485.75