Stocks in Asia subdued as investors await China trade data

Markets in Asia were subdued on Friday after Wall Street slipped as investors awaited the release of China trade data during the session. U.S. inflation and retail sales data are also due just ahead of the trading day stateside.

Japan’s Nikkei 225 was little changed, with the index sliding 0.04 percent a day after touching a 21-year high. Gains in retail names were offset by losses in blue-chip auto and tech stocks: Fast Retailing soared 3.53 percent, Toyota was off 0.71 percent and Softbank Group lost 0.45 percent.

Across the Korean Strait, the Kospi hovered around the flat line, trading just 0.02 percent higher.

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Posted in: Indian Market Tips