Asia-Pacific stocks trade mixed; investors await RBA rate decision ahead
Stocks in Asia-Pacific were mixed in Tuesday morning trade as investors look to the interest rate decision set to be announced by the Reserve Bank of Australia.
In Japan, the Nikkei 225 rose 0.42% in early trade as shares of conglomerate Softbank Group jumped 1.69%. The Topix index also gained 0.4%. South Korea’s Kospi advanced 0.73%.
Meanwhile, shares in Australia slipped, with the S&P/ASX 200 declining 0.25%. Australia’s trade data for August is set to be released at around 8:30 a.m. HK/SIN on Tuesday.
MSCI’s broadest index of Asia-Pacific shares outside Japan traded 0.17% higher.
Markets in China are closed on Tuesday for a holiday.
Reference: CNBC
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