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Japan shares hit by machinery orders data | |
(about 4 hours later) | |
Shares in Japan closed lower after figures showed that Japanese firms cut their spending on machinery in August. | |
Core machinery orders, a leading indicator of capital expenditure, fell by 5.7% in August, compared with expectations for a rise of 3.2%. | Core machinery orders, a leading indicator of capital expenditure, fell by 5.7% in August, compared with expectations for a rise of 3.2%. |
Japan's Nikkei 225 index closed down 0.99% at 18,141.17 points. | |
Global investors were also absorbing a warning from the IMF, which said on Wednesday that "global financial stability is not yet assured". | |
Senior IMF official Jose Vinals said financial stability in advanced economies had improved, but risks had moved towards emerging economies. | |
China reopens | China reopens |
As mainland Chinese markets reopened after the Golden Week holidays, the Shanghai Composite benchmark index was up 3.2% at 3,150.81 in afternoon trade. | |
However, after marking its highest close since 20 August on Wednesday, Hong Kong's benchmark Hang Seng fell 1.1% to 22,263.52. | |
In Australia, the S&P/ASX 200 closed up 0.24% at 5,210.40. Energy related shares made gains through the day, with stocks in mining giant BHP closing up 3% following a rebound in the firm's London-listed shares. | |
In South Korea, the Kospi index closed up 0.7% at 2,019.53. |