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Asian stock indices were exhibiting a mixed trend. The weak Chinese economic data put under pressure stock markets. China's consumer price index (CPI) increased 1.8% year-on-year in April, the lowest inflation rate in 18 months. Analysts had expected a 2.1% gain. China’s producer price index (PPI) declined 2.0% year-on-year in April. Analysts had forecasted a decline of 1.8%.
Indexes on the close:
Nikkei 225 14,199.59 +35.81 +0.25%
Hang Seng 21,862.99 +25.87 +0.12%
Shanghai Composite 2,011.13 -4.14 -0.21%
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