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Jun 12, 12:05 AM
Asia-Pacific Stocks Mixed After ASX 200 Record High, Shanghai and Hang Seng Gains; Inflation Data Awaited
Asia
Economics
Stocks
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World

Asia-Pacific Stocks Mixed After ASX 200 Record High, Shanghai and Hang Seng Gains; Inflation Data Awaited

Authors
  • 华尔街日报中文网
  • Newsquawk
  • Markets Today
4

Asia-Pacific stock markets showed mixed performance over two consecutive days amid ongoing trade-related optimism and geopolitical concerns. On June 11, major indices opened higher following gains on Wall Street, with the ASX 200 rising 0.3%, Nikkei 225 up 0.7%, and KOSPI increasing 0.5%. The Australian S&P/ASX 200 briefly reached a record intraday high, while China's Shanghai Composite gained 0.4% and Hong Kong's Hang Seng Index rose 0.6%, supported by news of US-China trade negotiations in London. However, on June 12, the regional markets displayed a more cautious tone. The ASX 200 was flat to slightly positive at 0.25%, Nikkei 225 declined by around 0.1% to 0.2%, and KOSPI advanced modestly by 0.3% to 0.34%. Hang Seng futures indicated a weaker opening as investors awaited upcoming inflation data from the Philippines and Thailand. Overall, the market movements reflected a balance between optimism from trade talks and concerns over geopolitical risks and economic data.

Written with ChatGPT (GPT-4).

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