Japan Shares Fall Ahead of The U.S. Data

Japanese stocks closed lower on Wednesday, October 13th, as investors awaited the U.S. consumer price data, as the Nikkei index fell 0.32%, to close at 28,140.28 points, and the broader Topix index fell 0.45% to 1973.83 points.

Shipping companies’ shares fell 3.27%, while the steel industry sector index fell 1.66%, and semiconductor companies’ shares fell after their American counterparts fell to their lowest levels in two and a half months.

The Hong Kong Stock Exchange was closed due to the impact of Typhoon Compasso.

On the other hand, the Chinese Shanghai index closed with an increase of 0.4%, due to the release of the Chinese trade balance data, which showed a surplus of about 66.7 billion dollars, and the trade surplus with America rose to a record monthly level in September.