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08.09.2014 09:45

Asian Stocks close: stocks closed mixed after the better-than-expected Chines trade surplus

Asian stock indices closed mixed after the better-than-expected Chines trade surplus. China's trade surplus rose to $49.83 billion in August from $47.3 billion in July. Analysts had expected the trade surplus to decline to $40.8 billion.

Chinese exports increased 9.4% in August, while imports dropped 2.4%.

China's mainland markets were closed for a holiday.

Japan's gross domestic product (GDP) was revised down to a fall of 1.8% in the second quarter from the previous decline of 1.7%.

Japan's current account surplus fell to 99.3 billion yen in July, from 125.6 billion yen in June.

Japan's economy watchers' current conditions index decreased to 47.4 in August from 51.3 in July, missing expectations for an increase to 52.4.

Japan's economy watchers' future conditions index dropped to 50.4 in August from 51.5 in July.

Indexes on the close:

Nikkei 225 15,705.11 +36.43 +0.23%

Hang Seng 25,190.45 -49.70 -0.20%

Shanghai Composite closed

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