Asia-Pacific markets were mixed Wednesday, following gains on Wall Street that saw the S&P 500 and the Dow Jones Industrial Average reach new intraday and closing records.
In Japan, the Nikkei 225 index staggered 307.03 points, or 0.8%, to 38,134.97.
In Hong Kong, the Hang Seng Index hiked 443.93 points, or 2.3%, to 19,603.13.
Traders in Asia also assessed inflation data out of Australia. Monthly consumer price index figures rose 2.1% in October year on year, missing the 2.3% expected by economists polled by Reuters.
The figure was in line with the rise in the month of September, and down significantly from the 5.6% registered in September 2023.
CHINA
In Shanghai, the CSI 300 recovered 66.86 points, or 1.7%, to 3,907.04.
China’s industrial profits dropped by 10% in October from a year ago, data showed Wednesday, in another sign that Beijing’s recent stimulus measures have yet to reverse a slump in corporate earnings.
In other markets
In Taiwan, the Taiex stumbled 343.98 points, or 1.5%, to 22,334.78.
In Korea, the Kospi index deleted 17.3 points, or 0.7%, to 2,503.06.
In Singapore, the Straits Times Index slid 4.3 points, or 0.1%, at 3,708.09.
In New Zealand, the NZX 50 regained 99.16 points, or 0.8%, to 13,212.92
In Australia, the ASX 200 advanced 47.22 points, or 0.6%, to 8,406.67