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Asian stock indices were exhibiting a mixed trend ahead the European Central Bank’s interest rate decision. Investors are awaiting the ECB will cut interest rates and announce measures to boost lending to smaller businesses.
The HSBC services purchase managers’ index for China sank to 50.7 in May from 51.4 in April.
Indexes on the close:
Nikkei 225 15,079.37 +11.41 +0.08%
Hang Seng 23,109.66 -42.05 -0.18%
Shanghai Composite 2,040.88 +16.04 +0.79%
LG Household & Health Care Ltd. shares dropped 12.0% after its vice chairman sold most his shares.
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