Chinese stocks rose as the country announced that its factory activity would expand in December

SINGAPORE – Stocks were mixed in the Asia-Pacific region on Thursday, with multiple markets in the region closed early on New Year’s Eve.

Shares on the Chinese mainland rose today: Shanghai boat It increased 1.72% to 3,473.07 instead Shenzhen component Gain 1.895% to 14,470.68. The Hang Seng Index In Hong Kong it advanced 0.31% to 27,231.13.

China said on Thursday Factory activity expanded in December. The country’s official manufacturing purchasing managers’ index (PMI) for December came in at 51.9, according to data from the National Bureau of Statistics. Analysts had expected the December figure to come in at 52, according to Reuters.

This was a slight drop compared to November’s reading of 52.1. However, the December number was above the 50 level separating expansion and contraction.

On Wednesday, China and the European Union agreed on an investment deal that would give companies in Europe greater access to Chinese markets. Reuters reported.

in Australia , S & P / ASX 200 It decreased 1.43% to 6,587.10. Singapore Straits Times Index It also decreased 0.89% to 2,843.81.

The MSCI Asia Pacific Index of stocks outside Japan rose 0.19%.

Markets in Australia, Singapore and Hong Kong closed earlier than usual on Thursday due to New Year’s Eve.

Markets in Japan and South Korea are closed on Thursday for holidays.

Currencies and oil

The US dollar index, Which measures the greenback against a basket of its peers, was at 89.618 after the recent slide from levels above 90.

The Japanese Yen It was trading at 103.13 to the dollar, after reinforcing levels above 103.8 against the dollar earlier this week. The Australian dollars It was trading at $ 0.7701 after rising from levels below $ 0.76 seen earlier in the trading week.

Oil prices witnessed muted movements in the afternoon of Asian trading hours, with an international benchmark index Brent crude futures Slightly changed at $ 51.62 a barrel. US crude futures It partially fell to $ 48.36 a barrel.

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