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Asian Markets Mixed Ahead Of U.S. Inflation Update

People move past an electronic stock board showing Japan's Nikkei 225 index at a securities firm Wednesday, April 10, 2024 in Tokyo. (AP Photo/Shuji Kajiyama)

Shares in Asia showed a mixed performance on Wednesday following a relatively quiet session on U.S. stock indexes as investors awaited key economic reports. Hong Kong's Hang Seng index rose by 1.7% to 17,115.94, while the Shanghai Composite index declined by 0.8% to 3,026.11 after Fitch Ratings revised its outlook for China's public finances. Fitch highlighted increased risks due to China's efforts to reduce reliance on its troubled property sector and the growing public debt burden.

The Nikkei 225 in Tokyo slipped by 0.5% to 39,581.81, and the S&P/ASX 200 in Sydney gained 0.3% to 7,848.50. India's Sensex advanced by 0.3%, and the SET in Bangkok climbed 0.5%. South Korean markets were closed due to an election.

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