Asia markets mixed as China stocks hit lowest since 2019; yen hits 9-month intra-day high

Published On Sep 12, 2024, 7:50 PM

Asian stock markets showed mixed results as investors reacted to recent economic data. Australia’s S&P/ASX 200 index approached an all-time high, while mainland China markets fell to their lowest level since 2019. The Japanese yen strengthened against the U.S. dollar, reaching its highest intraday level in nine months. Notably, India's inflation rate rose to 3.65% in August, exceeding expectations, which could influence monetary policy going forward.