Due to low trading on Monday (Feb. 16) due to holidays and negative economic news from Japan, Asian equities were quietly consolidating recent large gains. This helped to cool the surging market.
The United States, South Korea, and the mainland were among the centers that were shut down, leaving commodities, bonds, and currencies in ruins.
The benchmark Hang Seng Index in Hong Kong began trading at 26,501, down 65 points, or 0.2 percent.
The tech index was down 10 points, or 0.2 percent, at 5,350, while the China enterprises were down seven points, or 0.1 percent, at 9,025.
Ahead of the Lunar New Year break, mainland markets are closed.
As government expenditure weighed on activity, Japan's economy gained a meager 0.1 percent annually in the December quarter, well below the 1.6 percent growth predicted.
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