Asia stock looking for direction on hesitant sentiment

15.10.2019 / 03:30

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Shares in Asia are being traded cautiously today, following the rally of the previous day, as new concerns emerged over the US-China partial trade deal.

In South Korea, Kospi is up 0.15%. Japan's Nikkei 225 jumped 1.76% and Topix added 1.73% after markets in Japan closed on a national holiday on Monday.

Chinese markets fell in the early hours of the session. Shanghai composite lost 0.4%, Shenzhen composite lost 0.6%.

China's pork prices jumped 69% year-on-year in September due to the growing shortage of meat caused by African swine fever. Overall, the consumer price index rose 3% over the past month, while the producer price index fell 1.2%

In Australia, the ASX 200 traded small increases with small losses, but overall it did not differ from the previous day. The financial sub-index pushed its losses up 0.13%, while the energy index lost 0.9%.

Trader Aleksandar Kumanov

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Asia stock looking for direction on hesitant sentiment

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