Asia mostly lower with Japan's inflation in focus - Breaking The News

Asia mostly lower with Japan's inflation in focus

22 March

1 min read

EPA-EFE/ALEX PLAVEVSKI

Major stock indexes in the Asia-Pacific region traded mostly lower on Friday, after a report released by the Statistics Bureau of Japan revealed that the country's inflation increased to 2.8% year-on-year in February. Meanwhile, Japanese Finance Minister Shunichi Suzuki stressed the importance of stable movements in the foreign exchange (FX) market.

Japan's Nikkei 225 stood at 40,844 after briefly reaching a new record by crossing the 41,000 mark.

Australia's S&P/ASX 200 lost 0.44% at 3:26 am CET, with South Korea's Kospi Composite down by 0.17% a minute later. Hong Kong's Hang Seng decreased by 1.95% at 3:27 am CET, while, on the Chinese mainland, the Shanghai Composite and the Shenzhen Composite decreased by 0.85% and 1.12%, respectively and Japan's Nikkei 225 added 0.08% at 3:29 am CET.

The dollar traded 0.08% lower against the yen, going for ¥151.5220 at 3:29 am CET.

asian markets

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