SINGAPORE — Asia-Pacific stocks traded mixed Wednesday morning as Asia-Pacific investors look ahead to the release of Chinese trading data for September.
In Japan, the Nikkei 225 fell 0.61% while the Topix index fell 0.43%.
Elsewhere, South Korea’s Kospi rose 0.25%. Australian equities were also in positive territory as the S&P/ASX 200 rose fractionally.
MSCI’s broadest index of Asia-Pacific stocks outside of Japan changed little.
Meanwhile, morning trading of securities and derivatives on the Hong Kong Exchanges and Clearing is canceled on Wednesday due to bad weather caused by Typhoon Kompasu. That comes after the Hong Kong Observatory announced around 7:45 a.m. local time that the severe weather warning “will remain in effect until noon.”
Oil prices fall
Oil prices were lower in the morning of trading hours in Asia, but remained above $80 a barrel.
The international benchmark for Brent crude futures fell 0.43% to $83.06 a barrel. US crude oil futures also fell 0.46% to $80.27 a barrel.
China announced plans on Tuesday to liberalize pricing for coal-fired energy, Reuters reported, as the country faces an energy crisis.
The US dollar index, which tracks the greenback against a basket of its ilk, stood at 94,508 after jumping from levels below 94.2 earlier this week.
The Japanese yen was trading at 113.53 per dollar after weakening from below 113.4 against the greenback yesterday. The Australian dollar stood at $0.7331, lower than yesterday at around $0.738.