Asian stock markets mixed at Friday's close

China's Shanghai Stock Exchange falls 1.64% following weak economic data

By Tuba Sahin

ANKARA (AA) – Major Asian stock markets ended mixed on Friday amid global recession risks and a strengthening dollar.

The Asia Dow, which includes blue-chip companies in the region, was flat at 3,132 points.

Tokyo’s Nikkei 225 stock exchange increased by 145.1 points, or 0.54%, to 26,788.

The Hang Seng, the benchmark for blue-chip stocks trading on the Hong Kong stock exchange, plunged by 453.5 points, or 2.19%, to 20,297 points.

China’s Shanghai Stock Exchange slipped by 53.7 points, or 1.64%, to close at 3,228 points.

The drop came after latest data showed China’s gross domestic product rose 0.4% year-on-year in the second quarter of this year, the lowest growth in over two years.

Industrial production for June also came in at below expectations, rising 3.9% from a year ago.

Over in India, the Sensex benchmark was up 344.6 points, or 0.65%, to end the day at 53,761, while the Singapore index gained 8.5 points, or 0.28%, to close at 3,099.

Kaynak:

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