{"id":40894,"date":"2013-08-12T07:38:14","date_gmt":"2013-08-12T11:38:14","guid":{"rendered":"http:\/\/countingpips.com\/forex-news\/?p=40894"},"modified":"2013-08-12T07:38:14","modified_gmt":"2013-08-12T11:38:14","slug":"asian-stock-mixed-china-jump-on-stimulus-news","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex-news\/2013\/08\/12\/asian-stock-mixed-china-jump-on-stimulus-news\/","title":{"rendered":"Asian stock mixed, China jump on stimulus news"},"content":{"rendered":"<p><strong>By <u><a href=\"http:\/\/blog.hymarkets.com\/\" target=\"_blank\">HY Markets Forex Blog<\/a><\/u><\/strong> <\/p>\n<p>The Asian stock market began the trading week mixed, as the stock was hit by the Japan\u2019s less-than-forecasted second quarter GDP. However, other stocks were seen in green, with the Chinese stock gains on the local stimulus news.<\/p>\n<p>Stocks in China gains sent the benchmark index to its highest level in over a month .The Chinese communist government intends to offer financial stimulus to large cities to boost local economies that are struggling with its growth.<\/p>\n<p>The Agricultural Bank of China concluded an agreement with Shanghai City to offer the municipality a loan that is worth up to 250 million yuan ($40.7 billion) to form a free-trade zone.<span id=\"more-2157\"><\/span><\/p>\n<p>The Japanese benchmark Nikkei 225 edged down 0.70% closing at 13,519.43, while the broader Topix index dropped 0.55% to 1,134.62.<\/p>\n<p>Hong Kong\u2019s Hang Seng advanced 2.04 to 22,257.71 at the time of writing, while the Chinese mainland Shanghai composite jumped 1.32% to 2,087.23 at the same time.<\/p>\n<p>South Korean Kospi index jumped 0.22% higher to 1,884.83%, while the Australian S&amp;P\/ASX 200 advanced 1.07% to 5,109.20.<\/p>\n<p>Australian equities gained from the rise of metal prices, with mining companies rising.<\/p>\n<p>Most of Japan\u2019s stocks were affected by the weak second quarter GDP report that revealed that the struggling economy lowered below the forecasted suggestions\u00a0 , as the government and private sector cut down on investments .<\/p>\n<p>The country\u2019s GDP advanced 2.6% on a yearly basis during the second quarter.\u00a0 A separate report released showed that the country\u2019s central bank measured corporate good price indicated a rise of 2.2% in the month of July; it\u2019s highest since August 2011.<\/p>\n<p>&nbsp;<\/p>\n<p>The post <a href=\"http:\/\/blog.hymarkets.com\/world-market-news\/asian-stock-mixed-china-jump-on-stimulus-news.html\">Asian stock mixed, China jump on stimulus news<\/a> appeared first on <a href=\"http:\/\/blog.hymarkets.com\">| HY Markets Official blog<\/a>.<\/p>\n<p> Article provided by <strong><u><a href=\"http:\/\/blog.hymarkets.com\/\" target=\"_blank\">HY Markets Forex Blog<\/a><\/u><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>By HY Markets Forex Blog The Asian stock market began the trading week mixed, as the stock was hit by the Japan\u2019s less-than-forecasted second quarter GDP. However, other stocks were seen in green, with the Chinese stock gains on the local stimulus news. Stocks in China gains sent the benchmark index to its highest level &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.investmacro.com\/forex-news\/2013\/08\/12\/asian-stock-mixed-china-jump-on-stimulus-news\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Asian stock mixed, China jump on stimulus news&#8221;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-40894","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/posts\/40894","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/comments?post=40894"}],"version-history":[{"count":0,"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/posts\/40894\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/media?parent=40894"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/categories?post=40894"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/tags?post=40894"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}