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Asian stocks swung between gains and losses as gauges China’s manufacturing growth beat analyst estimates and retail sales in the U.S. headed for the weakest holiday results since 2009.
Nikkei 225 15,655.07 -6.80 -0.04%
S&P/ASX 200 5,279.5 -40.55 -0.76%
Shanghai Composite 2,201.52 -18.99 -0.86%
Canon Inc., the world’s biggest camera maker, slipped 1.2 percent in Tokyo.
KT Corp. dropped 6.8 percent after the South Korean phone company forecast lower dividends.
Metcash Ltd. climbed 7.5 percent in Sydney after the supplier of groceries to retailers posted first-half underlying profit that beat analyst estimates.
Haitong Securities Co. advanced 5.7 percent in Hong Kong, pacing gains among Chinese brokerages, as the government prepares to end a ban on initial public offerings.
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