Asia Pacific markets traded mixed on Thursday with Chinese mainland shares declining and South Korea reporting a decline in second-quarter GDP, largely due to a steep fall in exports.
South Korea’s Kospi index fell 0.56% to 2,216.19 as shares of firms like Samsung, LG, Posco, SK Hynix and Hyundai Steel sold off.
Shares in Taiwan were down 0.48% at 12,413.04 while Hong Kong’s Hang Seng index rose 0.54% in late-afternoon trade and India’s Nifty 50 added 0.64%.
Chinese mainland markets were lower: The Shanghai composite fell 0.24% to 3,325.11, the Shenzhen component and the Shenzhen composite closed near flat.
The session in Asia followed mixed sessions overnight where European shares fell but the Dow Jones Industrial Average rose more than 150 points.