Home World Hong Kong markets pause trading due to typhoon; investors await China’s trade data for September

Hong Kong markets pause trading due to typhoon; investors await China’s trade data for September

by Asia Insider

SINGAPORE — Trading in Hong Kong was suspended on Tuesday morning due to Typhoon Nangka, while other Asia-Pacific markets traded mixed.

Mainland Chinese stocks dipped in early trade, as the Shanghai composite shed 0.44% while the Shenzhen component declined 0.361%.

Chinese trade figures for September are expected to be released on Tuesday.

In Japan, the Nikkei 225 dipped slightly while the Topix index traded fractionally higher. South Korea’s Kospi dipped 0.41%.

Shares in Australia led gains among the region’s major markets, as the S&P/ASX 200 gained about 1.2%.

MSCI’s broadest index of Asia-Pacific shares outside Japan traded slightly lower.

Shares of Apple suppliers mixed

Currencies and oil

The U.S. dollar index, which tracks the greenback against a basket of its peers, was at 93.13 following its decline last week from levels above 93.6.

The Japanese yen traded 105.34 per dollar after strengthening from levels around 105.6 against the greenback yesterday. The Australian dollar was at $0.7177, still above levels below $0.715 seen last week.

Oil prices were higher in the morning of Asian trading hours, with international benchmark Brent crude futures up 0.14% at $41.78 per barrel. U.S. crude futures added 0.13% at $39.48 per barrel.

What’s on tap:

  • China: Trade data for September

Source: CNBC

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