(MENAFN- Baystreet.ca) Asia markets traded mixed on Thursday after the United States and China ended some uncertainties for the world economy by signing a partial trade agreement.
In Japan, the Nikkei 225 index recovered 16.55 points, or 0.1%, to 23,933.13.
Elsewhere, the Japanese yen traded at 109.97 against the U.S. dollar, weakening from levels below 109.60 in the previous week.
In Hong Kong, the Hang Seng index gained 109.45 points, or 0.4%, to 28,883.04
Korean markets moved higher, as shares of tech giant Samsung Electronics advanced 2.9% and Hyundai Motor jumped 3%.
Australian indices moved higher, as the heavily-weighted financial sub-index rose 1.1% as the country's major banking stocks advanced.
The Australian dollar was at $0.6904, advancing from an earlier low of $0.6899.
CHINA
In Shanghai, the CSI 300 slumped 17.69 points, or 0.4%, to 4,149.04.
Earlier this week, data showed Chinese imports from the U.S. rebounded in November and December.
U.S. President Donald Trump signed a partial trade deal with China on Wednesday that takes steps to root out several practices by Beijing that has irked the White House and members of Congress from both parties.
Those include intellectual property theft and forced technology transfers from U.S. firms in exchange for Chinese market access. The deal also details a $200 billion increase in Chinese purchases of U.S. goods over two years.
The offshore Chinese yuan, traded outside the mainland and not as tightly controlled, changed hands at 6.8912 against the greenback, rising from an earlier level of 6.8800.
In other markets
In Taiwan, the Taiex slouched 24.95 points, or 0.2%, to 12,066.93
In Korea, the Kospi index regained 17.07 points, or 0.8%, to 2,248.05
In Singapore, the Straits Times Index was back in the win column, picking up 21.02 points, or 0.7%, to 3,278
In New Zealand, the NZX 50 added 61.19 points, or 0.5%, to 11,737.86
In Australia, the ASX 200 improved 46.94 points, or 0.7%, to 7,041.78
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