Asian stock markets meandered in holiday-thinned trading Monday after Chinese trade figures suggested domestic demand in the world’s second-biggest economy is lackluster.KEEPING SCORE: Japan’s Nikkei 225 gained 0.1 percent to 15,678.08 while Hong Kong’s Hang Seng shed 0.3 percent to 25,175.42. Australia’s S&P/ASX 200 dropped 0.4 percent to 5,578.30. Stock benchmarks rose in Indonesia and the Philippines while Singapore fell. Markets in China, South Korea and Taiwan were shut for public holidays.CHINA TRADE: Exports from the world’s No. 2 economy rose 9.4 percent in August from a year earlier but imports dropped 2.4 percent, which indicates slack domestic demand. Some …read more
Source: The Jakarta Post
