Stock markets in Asia and the Pacific closed without a single direction this Tuesday (21) influenced by local factors and on a day of reduced liquidity, after the US markets remained closed on Monday (20), due to the holiday of the Day of Presidents.
In Tokyo, the Nikkei index was down 0.21%, to 27,473.10 points, after research showed that Japan’s industrial PMI fell to 47.4 in February, reaching the lowest level in more than two years.
The Hang Seng fell 1.71% in Hong Kong, at 20,529.49 points, pressured by technology stocks.
In mainland China, on the other hand, business was marked by modest gains. The Shanghai Composite rose 0.49%, to 3,306.52 points, and the less comprehensive Shenzhen Composite advanced 0.19%, to 2,165.77 points.
Chinese telecoms stocks led gains, continuing a rally on Monday after news over the weekend that China Telecom is developing a “chatbot,” artificial intelligence-based chat software. China Telecom was up 2.5% and China Mobile was up 3.4%.
Chinese real estate stocks also showed positive performance, after Beijing announced late on Monday that it will launch a pilot program for private equity real estate investment funds.
Elsewhere in Asia, South Korea’s Kospi rose slightly by 0.16% in Seoul to 2,458.96 points, helped by shares in the construction and steel industries, while Taiex gained a marginal 0.07. % in Taiwan, at 15,563.00 points.
In Oceania, the Australian stock exchange was in the red after the monetary policy minutes confirm that the central bank of Australia (RBA) predicts more interest rate hikes. The S&P/ASX 200 was down 0.21% in Sydney at 7,336.30 points.
Source: CNN Brasil
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