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Asia Tracks Declines in N.A. Markets

Asia-Pacific markets largely fell on Tuesday, tracking losses in the S&P 500 and the NASDAQ overnight, while investors assessed industrial profit data out of China.

The Nikkei 225 index regained 178.4 points, or 0.5%, to 38,110.22.

In Hong Kong, the Hang Seng index surged 75.94 points, or 0.4%, to 17,874.67.

CHINA

In Shanghai, the CSI 300 slipped 18.89 points, or 0.6%, to 3,305.33.
China’s industrial profits from January to July climbed 3.6% year on year, compared to a 3.5% growth between January and June.

In other markets

In Taiwan, the Taiex index dumped 55.12 points, or 0.3%, to 22,185.

In Singapore, the Straits Times Index inched ahead 8.04 points, or 0.2%, to 3,396.03.

In Korea, the Kospi index dipped 8.76 points, or 0.3%, to 2,689.25.

In New Zealand, the NZX 50 slumped 138.72 points, or 1.1%, to 12,451.11.

In Australia, the ASX 200 reversed 13.36 points, or 0.2%, to 8,071.16.