Major Asia-Pacific stock markets traded mixed on Wednesday after the latest information on service and factory activity from Japan showed both an expansion and a decrease. Investors are also waiting for October's mark on Japanese consumer prices which will be published on Friday.
The markets also seemingly reacted to the news from Mitsubishi and Toyota and the comments by Japanese Prime Minister Fumio Kishida, who talked about the yen's decline against the US dollar which continues to hover around $150.
Japan's Nikkei 225 went up by 1.17% and Hong Kong's Hang Seng rose by 2.33% at 4:00 ET, while South Korea's Kospi lost 0.15% at the same time. In mainland China, the Shanghai Composite increased 1.04% at 3:59 am CET and the Shenzhen Composite lost 1.38% three minutes later. Australia's S&P/ASX 200 dropped 0.31% at 3:59 am CET.
The dollar traded flat against the yen at 3:58 am CET, selling for 149.8470.
