In Asian-Pacific markets were mostly traded on Monday, while investors analyzed data on Japanese economic growth in the fourth quarter, while waiting a number of central bank decisions from the region this week.
Japanese Nikkei 225 was traded around a straight line, while Topix added 0.29%. South Korean Kospi added 0.18%, and a small basket 1.2%.
The economic expansion of Japan in the fourth quarter exceeded the expectations of analysts for quarterly and annual growth, showed preliminary government data on Monday. At the annual basis, GDP increased 2.8%, exceeding a 1% reuters assessment.
Japanese yen strengthened 151.95 compared to the dollar.
Australian S & P / ASX 200 slipped 0.64%.
Tencent shares climbed the highest level since July 2021, they show the data of the LSEG, while the company WeIXIN application exchange app started beta testing Deepseek integration. Shares of Chinese technological giant are last traded 4.25% more.
The Hong Kong Hang Seng Index rose 0.23 percent, reports SEEbiz. Hang Seng Tech Index, which follows the 30 largest technological companies listed in Hong Kong, slipped 0.11 percent. The CSI 300 index in continental china traded unchanged.
Thailand published data on GDP for the fourth quarter, which showed that its economy increased by 3.2% on an annual basis, missing Reuters’ expectations of 3.9%, showing data of LSEG.
The annual growth of the country’s GDP for this year was 2.5%, according to Reuters.
The Australian Central Bank has begun a two-day meeting on which the interest rates could be reduced on Tuesday. The Central Banks of Indonesia and New Zealand is expected to also publish its decisions on the rates on Wednesday.
