Asian markets trade flat ahead of Sino-US talks

The Shanghai composite slipped fractionally, the Shenzhen component was slightly higher, while the Shenzhen composite advanced by 0.034%.

Feb 14, 2019 03:02 IST India Infoline News Service

Asian stock markets were trading flat on Thursday ahead of outcome of high-level trade talks between the US and China, and data on the Chinese economy.

The South China Morning Post reported on Wednesday that China's Xi will meet with US Treasury Secretary Steven Mnuchin and US Trade Representative Robert Lighthizer on Friday, as per media reports.

The Shanghai composite slipped fractionally, the Shenzhen component was slightly higher, while the Shenzhen composite advanced by 0.034%.

Hong Kong's Hang Seng index fell 0.61%, South Korea's Kospi slipped 0.36%, Nikkei 225 rose 0.17% and the Topix added 0.15%.

Overnight, Wall Street stocks rose on hopes of a possible US-China trade deal.

The US dollar increased 0.37% to 97.0652 on Wednesday, February 13, from 96.70 in the previous trading session.

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