Japanese stocks prospered according to retail sales

Asia-Pacific stocks were mixed in the morning session of April 28 after a series of economic data were released.

Japan’s Nikkei 225 index rose 0.23% in the morning session of April 28. Documentary photo: AFP

In Japan, the Nikkei 225 index rose 0.23% while the Topix index rose slightly with 0.37%. According to Japanese government data, the country’s retail sales in March increased by 5.2% year-on-year. This increase is higher than the average forecast of 4.7% that economists made in a recent Reuters poll.

On the Australian market, the S & P / ASX 200 index recorded an increase of 0.55% after the announcement of the consumer price index (CPI) in the first quarter of 2021. According to data released by the Australian Bureau of Statistics this morning, April 28, Australia’s CPI in the first quarter increased by 0.6%, but this increase is lower than the 0.9% average forecast given by experts. before.

Mainland China’s stock market this morning “tinged with red,” with the Shanghai Composite Index slipping 0.3 percent while the Shenzhen Component fell 0.22 percent. On the Hong Kong market, the Hang Seng index did not have big fluctuations and inched only 0.13% to 28,978.49 points.

Alibaba shares listed in Hong Kong this morning rose nearly 2%, regardless of the flow of information that the Wall Street Journal published that China is investigating how Jack Ma applied for a license to list Ant Group shares quickly. last year. Ant Group is currently an affiliate of Alibaba.

South Korea’s Kospi Index this morning to lose 0.91%. Overall, the MSCI Asia-Pacific (excluding Japan) decreased by 0.08%.

After the previous peak session, US stocks were quiet last night. The S&P 500 index went sideways last night and closed at 4,186.72 points, while the Dow Jones industrial average was also quiet and closed the session with 33,984.93 points. Meanwhile, the Nasdaq Composite technology index fell 0.34% to 14,090.22 points.

On the money market, the US dollar index against other major currencies inched slightly to 90.999, from 90.9 previously set. Japanese Yen weakened to 108.91 JPY / USD, compared with below 108 JPY / USD recorded earlier, while the Australian dollar also depreciated compared to yesterday and exchanged 1 AUD for 0.7732 USD.

Oil prices traded on Asian hours this morning dropped. Futures Brent crude oil futures slid 0.26% to $ 66.25 / barrel, while the US crude futures price fell 0.19% to $ 62.82 / barrel.