Asia Mixed Wednesday


Shares in Asia-Pacific were mixed on Wednesday trade, following an overnight bounce stateside that saw the Dow Jones Industrial Average rising more than 500 points

In Japan, the Nikkei 225 regained 159.84 points, or 0.6%, to 27,548.

Japan’s exports rose 48.6% in June as compared with a year earlier, according to data released Wednesday by the country’s Ministry of Finance. That was higher than a 46.2% increase expected by economists in a Reuters poll.

The Japanese yen traded at 109.94 per U.S. dollar, weaker than levels below 109.5 seen against the greenback earlier in the week.

In Hong Kong, the Hang Seng dropped 34.67 points, or 0.1%, to 27,224.58.

Australia’s retail sales fell 1.8% in June as compared with the previous month on a seasonally adjusted basis, preliminary retail trade data from the country’s Bureau of Statistics showed Wednesday.

The Australian dollar changed hands at $0.7295, still off levels above $0.742 seen last week.

In other markets

In Shanghai, the CSI 300 regained 35.05 points, or 0.7%, to 5,144.04.

The Kospi index in Korea let go of 16.79 points, or 0.5%, to 3,215.91.

In Taiwan, the Taiex index slumped 69.95 points, or 0.4%, to 17,458.79

In Singapore, the Straits Times Index returned after holiday with a gain of 7.8 points, or 0.3%, to 3,119.

In New Zealand, the NZX 50 resurfaced 58.3 points, or 0.5%, to 12,709.15

In Australia, the ASX 200 picked up 56.49 points, or 0.8%, to 7,308.72.