Asian Markets Update by Epic Research

Asian stocks turned mixed on Thursday on the back of a lower-than-expected preliminary reading of mainland manufacturing activity. Trading is likely to be subdued as investors remain on the sidelines before a gathering of central bankers in Jackson Hole.



China’s Shanghai Composite shed 0.42 percent or 9.47 points at 2,230.74. Hong Kong’s Hang Seng declined 0.57 percent or 144.24 points at 25,015.52.



Japan’s Nikkei rose 0.90 percent or 139.02 points at 15,593.47. Singapore’s Straits Times was up 0.10 percent or 3.32 points at 3,326.97.



South Korea’s Seoul Composite plunged 1.11 percent or 23.10 points at 2,049.68. Taiwan’s Taiwan Weighted declined 0.75 percent or 69.48 points at 9,218.57.



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