GLOBAL MARKETS - Asia-Pacific markets mostly rise after South Korea's inflation data
Istanbul, September 3 (Hibya)—Asia-Pacific markets climbed on Tuesday as investors assessed South Korea’s August inflation numbers, which eased to their lowest level year-on-year since March 2021.
The country’s consumer price index recorded a 2 percent rise yearly, down from July’s 2.6 percent and in line with expectations. The CPI rose 0.4 percent month over month, slightly higher than the 0.3 percent expected.
Japan’s Nikkei 225 was 0.24 percent up in early trade, while the Topix was 0.6 percent higher. South Korea’s Kospi
was 0.11 percent higher, and the small cap Kosdaq inched up 0.01 percent. In contrast, Australia’s S&P/ASX 200 was down 0.11 percent.
Mainland China’s CSI 300 also fell marginally, extending losses from a seven-month low on Monday. Hong Kong Hang Seng index slipped 0.12 percent.
Markets in the U.S. were closed on Monday due to the Labor Day holiday. Futures tied to the three major indexes were down before Tuesday’s session. Dow Jones Industrial Average slipped 57 points, or 0.14 percent. S&P 500 futures fell 0.12 percent, and Nasdaq-100 futures fell 0.26 percent.
Albania News Agency
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