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- Asian Stocks close: stocks traded little changed after the better-than-expected economic data from China
Asian Stocks close: stocks traded little changed after the better-than-expected economic data from China
Asian stock indices traded little changed after the better-than-expected economic data from China. China's gross domestic product rose 7.5% in the second quarter, exceeding expectations for a 7.4% increase, after a 7.4% in the previous quarter.
Industrial production in China climbed 9.2% in June, beating forecasts for a 9.0% rise, after a 8.8% gain in May.
Fixed asset investment in China rose 17.3% in June period, exceeding expectations for a 17.2% gain, after a 17.2% increase in May.
Retail sales in China gained 12.4% in June, after 12.5% rise in May.
The Bank of Japan (BoJ) said in its monthly report on Wednesday that Japan's economy has continued to recover moderately. The BoJ also said that Japan's output gap was 0.6% in January-March, turning positive for the first time since Q2 2008.
TPK Holding Co. shares declined 4.9%.
Indexes on the close:
Nikkei 225 15,379.3 -15.86 -0.10%
Hang Seng 23,523.28 +63.32 +0.27%
Shanghai Composite 2,067.28 -3.08 -0.15%
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