Asian shares end mixed on soft data


Investors were also focused in late trade on eurozone growth data, with recovery in the crisis-battered region appearing to stall in the second quarter, as the main growth engines, France and Germany, ground to a standstill. Tokyo closed up 0. 66 per cent, or 100. 94 points, to 15,314. 57 on Thursday, while Hong Kong lost 0. 36 per cent, or 88. 98 points, to 24,801. 36 and Shanghai dropped 0. 74 per cent, or 16. 41 points, to 2,206. 47.

And in oil markets, US benchmark West Texas Intermediate for September delivery eased 44 US cents to $US97. 15, while Brent crude for September shed 48 US cents to $US103. 80 in afternoon trade. Gold traded at $US1,314. 85 an ounce at 0903 GMT (1903 AEST) compared to $US1,307. 33 an ounce late on Wednesday. - Manila jumped 1. 07 per cent, or 74. 76 points, to 7,061. 00.

The mixed performance came despite a strong lead from Wall Street, where the Dow Jones Industrial Average on Wednesday finished up 0. 55 per cent at 16,651. 80, with investors discounting a lacklustre US retail sales report.

Read more here: Business Spectator


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