Asian stock markets has shown a mixed trend today. The markets were subdued caused by the tensions in Ukraine. A slowdown in the Chinese economy is the key factor to put pressure on Asian stock markets. Market participants are waiting for tomorrow’s publication HSBC Manufacturing PMI in China.
Many of chinese stocks dropped today by concerns about a potential share oversupply. The Chinese securities regulator released the draft to list 28 new companies.
Indexes on the close:
Nikkei 225 14,388.77 -123.61 -0.85%
Hang Seng 22,730.68 -29.56 -0.13%
Shanghai Composite 2,072.83 +7.00 +0.34%