Asia markets mixed as investors assess a slew of economic data; Hong Kong gains over 2%
Publishing timestamp: 2024-04-02 03:22:59
Summary
Hong Kong stocks led gains in Asia-Pacific markets, with Xiaomi shares surging. Economic data from South Korea and Australia was assessed. South Korea's inflation rate held steady, while Australia's factory activity contracted. India's manufacturing sector expanded. South Korea's Kospi and Japan's Nikkei 225 saw gains. U.S. markets ended mixed. South Korean defense firm Hanhwa Aerospace surged after considering spinoff. Samsung Electronics rose, but broader Kospi was dragged down. Australia's Country Garden Holdings suspended trading. Gold miners in Australia saw gains. Australia's central bank announced a new system for monetary policy. Market strategist sees promise in small mid cap stocks. Fund managers shared stocks to buy for the long term. Bank of America noted global economic improvement. Bitcoin fell, impacting crypto equities. Crude oil futures rose amid reports of missile strike in Middle East.
Sentiment: MIXED
Tickers: .DXY, .N225, .SPX, .HSI, MSTR, MARA, CLSK, NST-AU, 2007-HK, .SZI, COIN, .DJI, .AXJO, JPY=, .IXIC, .SSEC, AUD=, 1810-HK, NEM, RIOT, @CL.1, BTC.CM=, .KS11, @LCO.1,
Keywords: xiaomi corp, prices, ice brent crude (apr'23), australia, breaking news: markets, breaking news: asia, kospi index, dow jones industrial average, nasdaq composite, asia economy, world markets, wti crude (mar'23), shenzhen component index, markets, s&p/asx 200, nikkei 225 index, business news, hang seng index, shanghai, usd/jpy, australian dollar/us dollar fx spot rate, economic events, s&p 500 index, dxy us dollar currency index,
Source: https://www.cnbc.com/2024/04/02/asia-markets-live-updates-.html