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Asia-Pacific markets trade lower

September 03, 2022 00:00:00


Asia-Pacific shares were mixed on Friday as investors look ahead to the US jobs report for August, a key indicator before the Federal Reserve's next interest rate decision later this month, reports CNBC.

South Korea's consumer price index rose slower than expected -- 5.7 per cent in August from the same period a year ago, less than the 6.1 per cent predicted by analysts in a Reuters poll.

The Nikkei 225 in Japan was almost flat at 27,650.84, while the Topix index was down 0.27 per cent at 1,930.17. Hong Kong's Hang Seng index slipped 0.66 per cent in the final hour of trade and the Hang Seng Tech index dropped 1.28 per cent.

In Australia, the S&P/ASX 200 closed 0.25 per cent down at 6,828.70. The Kospi in South Korea lost 0.26 per cent to 2,409.41 and the Kosdaq declined 0.31 per cent to 785.88.

Mainland China's Shanghai Composite rose to 3,186.48 and the Shenzhen Component was slightly lower at 11,702.39.


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