Today, Asian markets were trading down. Japan’s benchmark Nikkei was trading 1.63 per-cent lower at 16,635.26. China’s CIS300 fell 2.88 per cent to 3,015.55. Besides this, other Asian indices, including Hong Kong’s Hang Seng index went (down 1.08 per-cent), South Korea’s Kospi went(down 1.08 per-cent) and Taiwan’s TWSE (down 0.78 per-cent) were trading high.
The economy of japan contracted 1.1 per-cent in the Dec quarter, compared with a contraction of 1.4 per-cent in the preceding quarter. The Chinese trade surplus narrowed to $32.59 billion in Feb, in comparison with 63.29 billion in the last month.