SINGAPORE — Shares in Asia-Pacific were mixed in Wednesday morning trade after a slew of economic data.
In Japan, the Nikkei 225 rose 0.23% while the Topix index gained 0.37%.
Japan's retail sales rose 5.2% in March as compared with a year ago, according to government data. That was higher than a median market forecast for a 4.7% gain, according to Reuters.
The S&P/ASX 200 in Australia advanced 0.55%. Australia's consumer price index rose 0.6% in the first quarter, according to data released by the country's Bureau of Statistics on Wednesday. That was lower than expectations in a Reuters poll for a 0.9% increase from the previous quarter.
Mainland Chinese stocks were lower, as the Shanghai composite declined about 0.3% while the Shenzhen component dipped 0.202%. Hong Kong's Hang Seng index was little changed.
South Korea's Kospi slipped 0.91%.
MSCI's broadest index of Asia-Pacific shares outside Japan traded 0.08% lower.
In corporate developments, Hong Kong-listed shares of Alibaba jumped nearly 2%. The gains came despite a Wall Street Journal report that China is investigating how Jack Ma got speedy approvals for Alibaba-affiliate Ant Group's stock listing last year.
Major indexes on Wall Street were muted overnight stateside. The S&P 500 closed little changed at 4,186.72 while the Dow Jones Industrial Average also finished its trading day largely flat at 33,984.93. The Nasdaq Composite dipped 0.34% to close at 14,090.22.
Currencies and oil
The U.S. dollar index, which tracks the greenback against a basket of its peers, was at 90.999 after seeing levels below 90.9 earlier in the trading week.
The Japanese yen traded at 108.91 per dollar, having weakened notably from levels below 108 against the greenback seen earlier in the trading week. The Australian dollar was at $0.7732 after yesterday's decline from around $0.78.
Oil prices were lower in the morning of Asia trading hours, with international benchmark Brent crude futures down 0.26% to $66.25 per barrel. U.S. crude futures shed 0.19% to $62.82 per barrel.
Correction: This article was updated that reflect that China's reported investigation is related to Ant Group's listing.
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Asia-Pacific stocks mixed as investors digest economic data from Australia, Japan - CNBC
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