Asia-Pacific markets were mixed as investors braced for July consumer price index data out from the U.S. on Thursday.
Expectations from economists polled by Reuters are the inflation rate will come in at 3.3%, slightly higher from the 3% seen in June.
Japan’s Nikkei 225 rebounded and climbed 0.84% to close at 32,473.65, and the Topix was up 0.92% to end at 2,303.51. The country saw its July wholesale inflation rate — which measures the price companies charge each other for goods and services — slow to 3.6%, down from a revised figure of 4.3% in June.
Australia’s S&P/ASX 200 traded 0.26% up, ending the day at 7,357.4, while South Korea’s Kospi was down 0.14% at 2,601.56 and the Kosdaq gained 0.25% to 911.29.
Hong Kong’s Hang Seng index gained 0.25% in its final hour, while mainland Chinese indexes rebounded and ended the day higher. The Shanghai Composite was 0.31% up at 3,254.56 and the Shenzhen Composite margainally rose 0.54% and closed at 11,050.22.
| TICKER | COMPANY | NAME | PRICE | CHANGE | %CHANGE |
|---|---|---|---|---|---|
| Nikkei 225 Index | *NIKKEI | 32473.65 | 269.32 | 0.84 | |
| Hang Seng Index | *HSI | 19248.26 | 2.23 | 0.01 | |
| S&P/ASX 200 | *ASX 200 | 7357.4 | 19.4 | 0.26 | |
| Shanghai | *SHANGHAI | 3254.56 | 10.07 | 0.31 | |
| KOSPI Index | *KOSPI | 2601.56 | -3.56 | -0.14 | |
| CNBC 100 ASIA IDX | *CNBC 100 | 8492.51 | 11.3 | 0.13 |
Overnight in the U.S., all three major indexes lost ground, with the tech-heavy Nasdaq leading losses and shedding 1.17%. The Dow Jones Industrial Average lost 0.54%, while the S&P 500 shed 0.7%.
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