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Asian stocks mixed

by Jonathan Adams

Shares were mixed in Asia after an upbeat day on Wall Street. Weaker than expected China manufacturing data appeared to have a muted impact.

Japan’s Nikkei 225 index advanced 0.6 per cent to 19,431.66, helped by a weaker yen, which boosts profits for manufacturers. South Korea’s Kospi jumped 0.9 per cent to 2,224.81. The Hang Seng in Hong Kong edged a fraction of 0.1 per cent lower to 24,606.76 and the Shanghai Composite index gave up 0.3 per cent to 3,144.62. Australia’s S&P ASX 200 fell 0.3 per cent to 5,940.60, while shares were higher in Taiwan and Southeast Asia.

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