Asia shares cautious ahead of US earnings and inflation data | Malay Mail

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HONG KONG, April 13 — Asia share markets were cautious today after US markets weakened as investors anticipated the start of corporate earnings seasons and the release of key inflation data to indicate how the global recovery from the pandemic will emerge. MSCI’s broadest index of Asia-Pacific...

Hong Kong’s Hang Seng Index added 0.6 per cent in early trade while the mainland bluechip index CSI300 edged up 0.3 per centahead of March trade figures due to be published today. — Reuters picHONG KONG, April 13 — Asia share markets were cautious today after US markets weakened as investors anticipated the start of corporate earnings seasons and the release of key inflation data to indicate how the global recovery from the pandemic will emerge.

In Australia, the S&P/ASX200 gained 10 points to 6983.90 early in the session while Japan’s Nikkei rose 0.9 per cent. Tech stocks drove the gain in Australian stocks while the country’s major miners showed signs of weakness. “With markets at broadly record levels there’s expectations it’ll be very strong and that certainly does not leave much room for disappointment.”

 

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