ASIAN STOCKS ARE SHOWING A MIXED PERFORMANCE

The latest session of the week showed a mixed performance as negative concerns about the pace of economic growth of the world’s largest economy, especially after retail sales data, which accounts for about half of consumer spending, more than two-thirds of US gross domestic product September 2009.

 

Which eventually overshadowed the optimism that has dominated investors recently in the shadow of the progress of trade talks between the United States and China within the proceedings of the third round of talks between the world’s largest economists in Beijing, following the report that President Donald Trump is considering the possibility of Extending the trade deadline between Washington and Beijing for another two months to early May.

 

Both President Trump and his Chinese counterpart Xi Jinping agreed on the sidelines of the G20 summit at the end of last year to allow for a trade escalation between the two countries and enter into negotiations for three months to begin early next month to avoid a trade war with the planned increase in tariffs on goods China with an estimated value of $ 200 billion to 25% and US goods worth $ 110 billion to the same percentage.

 

Japan’s Nikkei 225 index fell 1.20%, shedding 253.44 points to 20,886.27. The Nikkei 225 index fell 0.92% to close at 1,575.16.

 

Chinese indices also fell, with CSI 300 shedding 0.92% to shed 31.25 points to 3,370.89. The Shanghai index fell 0.10%, losing 18.70 points to 2,701.00.

 

Hong Kong stocks fell 1.53%, losing 433.89 points to 27,998.16. South Korea’s Kospi Index fell 1.47%, shedding 32.80 points to 2,193.05.

 

To New Zealand’s NZX 50, which fell 0.37% to 34.79 points to reach 9,250.13. On the other hand, Australia’s S & P / ASX 200 index gained 0.06% to gain 3.72 points,

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ASIAN STOCKS ARE SHOWİNG A MIXED PERFORMANCE - /10

Summary

The latest session of the week showed a mixed performance as negative concerns about the pace of economic growth of the world's largest economy, especially after retail sales data, which accounts for about half of consumer spending, more than two-thirds of US gross domestic product September 2009.

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