SINGAPORE — Stocks in Asia-Pacific shed earlier gains and traded mixed Tuesday morning as investors await the release of Chinese trade data for September.
In Japan, the Nikkei 225 dipped slightly while the Topix index gained about 0.1%. South Korea’s Kospi dipped 0.28%.
Shares in Australia were higher, as the S&P/ASX 200 gained about 0.9%.
MSCI’s broadest index of Asia-Pacific shares outside Japan traded slightly lower.
On the economic data front, Chinese trade figures for September are expected to be released on Tuesday.
Shares of Apple suppliers in Asia-Pacific were higher in Tuesday morning trade. In Japan, shares of Murata Manufacturing gained 1.49% while Taiyo Yuden added 2.24%. South Korea’s LG Display also gained 0.31%.
The moves were watched after Apple’s stock stateside soared on Monday. The Cupertino-based tech giant is expected to reveal its new iPhone lineup this week.
Currencies and oil
The U.S. dollar index, which tracks the greenback against a basket of its peers, was at 93.17 following its decline last week from levels above 93.6.
The Japanese yen traded 105.34 per dollar after strengthening from levels around 105.6 against the greenback yesterday. The Australian dollar was at $0.718, still above levels below $0.715 seen last week.
Oil prices were slightly higher in the morning of Asian trading hours, with international benchmark Brent crude futures up fractionally at $41.74 per barrel. U.S. crude futures were above the flatline, trading at $39.44 per barrel.
What’s on tap:
- China: Trade data for September
Source: CNBC