Asia markets mixed on latest China data

Investors relieved after retail sales and industrial output for June better than expected, even as Q2 GDP slows to 6.2% yoy

Published Mon, Jul 15, 2019 · 09:50 PM

Singapore Stocks

THE deluge of Chinese data releases on Monday was keenly watched as indicators of the impact of May's re-escalation of trade tensions with the US on China's economy.

That the figures either met or beat expectations saw investors relieved for the most part but contributed to a mixed session across Asia.

Singapore's Straits Times Index (STI) dropped 9.39 points or 0.3 per cent to close at 3,347.95 on Monday after spending most of the session hovering around last Friday's closing.

Among markets in the Asia-Pacific, China and Hong Kong closed higher while Australia, Malaysia and South Korea finished in negative territory. Japan markets were closed on Monday for Marine Day and will resume…

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