Asia trades lower after data - Breaking The News
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Asia trades lower after data

EPA-EFE/FRANCK ROBICHON

Equities on Asian markets traded lower on Friday after sets of economic data were released in Japan.

The PMI data showed the country's service economy marked an overall growth in the sector in April but stood below expectations, while the manufacturing PMI signaled a contraction in business activity in the same month. The nation's e Statistics Bureau also released consumer price data which contracted on a monthly basis.

On the Chinese mainland, the Shenzhen Composite traded 0.20% lower at 3:34 am CET, with the Shanghai Composite down by 0.28% at the same time. Hong Kong's Hang Seng fell by 0.40% at 3:35 am CET, as South Korea's Kospi Composite went 0.72% down. At 3:36 am CET the dollar traded 0.22% lower against the yen, going for ¥133.9465, as the Australian S&P/ASX 200 fell by 0.32%. Japan's Nikkei 225 decreased by 0.07% at 3:35 am CET.

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