Asia Mixed On Japan GDP Figures


(MENAFN- Baystreet) Asia-Pacific markets were mixed as Japan's third-quarter GDP was revised downward in a surprise move, while India's central bank held its benchmark lending rate steady.
In Japan, the Nikkei 225 index tumbled again, this time, losing 550.45 points, or 1.7%, to 33,307.86.
Japan's third-quarter GDP was revised downward to a 0.7% fall quarter-on-quarter, a sharper slide compared with the 0.5% decline estimated earlier. Economists had forecast that the revised figure would be unchanged at 0.5%
In Hong Kong, the Hang Seng fell 11.52 points, or 0.1%, to 16,334.37, having erased earlier gains to trade marginally below the flatline in its final hour,
In other markets
In Shanghai, the CSI 300 regained 8.18 points, or 0.2%, to 3,399.46.
In Singapore, the Straits Times Index recouped 36.47 points or 1.2%, to 3,110.73.
In Taiwan, the Taiex restored 105.25 points, or 0.6%, to 17,383.99.
In Korea, the Kospi index jumped 25.78 points, or 1%, to 2,517.95.
In New Zealand, the NZX 50 lopped off 0.96 points to 11,495.65.
In Australia, the ASX 200 hiked 21.57 points, or 0.3%, to 7,194.92.




MENAFN08122023000212011056ID1107560717


Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.