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Overnight Markets: US stocks close little changed on China, Ukraine
by Himanshu Singh on Mar 13, 2014 at 03:28
In Asia, shares gained on Thursday in morning trade after a report signalled Australia’s labour market is strengthening and as investors awaited industrial-production data from China.
The MSCI Asia Pacific Index added 0.5% to 137 as of 9:39 a.m. in Hong Kong. South Korea’s Kospi climbed 0.2% and Japan’s Topix index added less than 0.1%. Hong Kong’s Hang Seng Index was little changed, while China’s Shanghai Composite Index was up 1.08%. New Zealand’s NZX 50 Index swung between gains and losses after the central bank raised its key interest rate.
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