Asia Market Update via TradeTheNews


Asia trades mixed after similar US session on Fri; China NDRC comments weigh on commodity sensitive assets General Trend: - Modest moves have been seen for the equity markets in Asia - Nikkei has moved higher after the lower open [automakers track gains in the US, Toyota trades at record high] - S&P ASX 200 Resources index drops on China NDRC comments, index declines for 4th consecutive session - NDRC also weighs on Materials indices in Shanghai and Hong Kong - Shanghai Consumer Staples index pares decline - Hang Seng TECH index drops over 2% [Tencent extends decline following recently reported Q1 results; Kuaishou Technology is expected to report later today].