Home Markets Asian markets pull back amid slower-than-expected recovery in Japan

Asian markets pull back amid slower-than-expected recovery in Japan

4

TOKYO — Asian shares mostly declined Thursday after stock indexes shuffled lower on Wall Street.

Japan’s benchmark Nikkei 225
NIK,
-0.76%

dipped 0.5% in early trading. Australia’s S&P/ASX 200
XJO,
+0.25%

edged up 0.1%, while South Korea’s Kospi
180721,
-0.19%

slipped 0.2%. Hong Kong’s Hang Seng
HSI,
-1.35%

dropped 0.5% while the Shanghai Composite
SHCOMP,
-0.13%

gained 0.2%. Stocks rose in Singapore
STI,
+0.04%
,
Taiwan
Y9999,
+0.29%

and Malaysia
FBMKLCI,
-0.23%
,
but fell in Indonesia
JAKIDX,
-0.69%
.

“Without a positive lead from Wall Street overnight and a relatively quiet day in terms of economic data, sentiments in the region may be on hold, potentially leading to some sideways movement,”…

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