Stocks in Asia were seen falling on the last day of the trading week, as the stronger yen dragged Japanese stocks lower.
Japan’s benchmark Nikkei 225 index lost 1.44% to 14,092.00 points, while Tokyo’s Topix index sank 1.81% to 1,156.92.
Japan’s industrial production climbed 0.7% higher in March on a monthly basis, jumping from the previous figure of 0.3% recorded in the previous month. While on an annual basis, output rose 7.4% higher, following the 7% seen in February.
The nation’s stronger yen weighed on exports as the textile producer Nitto Boseki lost 5.57%, while the Japanese car-makers, Toyota edged 2.4% lower.
Hong Kong’s Hang Seng Index lost 0.36%, trading at 22,648.00 points, while the mainland Chinese benchmark Shanghai Composite declined 0.43% to 2,016.28 points.
In China, property developer, China overseas lost 3.06%, while China Resources Land edged 3.87% lower.
Australia’s benchmark S&P/ASX 200 index slid 0.60%, closing at 5,477.70 points, while the South Korean Kospi index shed 0.16%, ending the session at 2,013.44 points.
The Australian iron ore miner Arrium fell 4.20%, while Independence Group dropped 4.12% lower and gas explorer Drillsearch Energy added 2.87%.
Europe stocks were seen a little changed on Friday, as the European GDP and inflation data came in lower than expected.
The European Euro Stoxx 50 came in 0.16% lower to 3,157.00 at the time of writing, while the German DAX stood at 0.09% to 9,647.50.
The French CAC 40 rose 0.09% to 4,440.80, while the UK benchmark FTSE 100 edged 0.01% lower to 6,840.50.
In other economic news, the French non-farm payrolls data for the first quarter came in 0.1% lower, as analysts expected, following the 0.1% rise seen in the previous quarter, reports from the National Institute for Statistics and Economics Studies showed.
While Italy’s trade balance came in at a surplus of 3.87 billion for March, up from the 2.63 billion recorded in the previous month.
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