Following the positive US jobs data which showed the increase in employment in the world’s largest economy, Asia stocks were mixed Thursday morning after the US data revealed the increased number of the employed people in the private US private sector .With an increase of 188,000 in June from previous reading 134, 000, surpassing analysts’ predictions of a 160,000 increase.
Tokyo’s Topix index fell 0.5% to 1,167.91 points as of 2:17am GMT, while Nikkei 225 declined 0.41% to 13,998.47 points at the same time. Mitsui Mining, JFE Holdings and Smelting all dropped by over 3%. The Hong Kong hang seng index advanced 1.24% to 20,396.54 points as of 2:17am GMT.
The MSCI Index gained 0.8% to 424.46 as of 1:03p.m in Hong Kong. While the South Korea’s Kospi index advanced 0.16% to 1,827.62 as of 2:11am GMT. Australia’s S&P 200 index gained 0.9% as the New Zealand’s NZX 50 Index dropped 0.1% .The Straits time index gained 0.9%, while in Taiwan, the Taiex index slid 0.2%.
China Petroleum & Chemical Corp advanced 3.1% to A$35.69, while the West Texas Intermediate crude climbed 0.2% to $101.40 a barrel for the August delivery.
Due to the fallback of the Japanese yen falling below the 100 yen mark, car exporters’ such as Nissan motors declined over 1.8%, while Mitsubishi motors’ dropped over 3% .
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