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TOKYO.- positions in Asia c included Tuesday's losses, with the exception of the Tokyo Stock Exchange which reached its highest level in a month thanks to the weakness of the yen that helped the exporters, which offset a decline in the share of machine manufacturers after data indicating a slowdown in China's economic growth.
Japanese markets rebounded after the national holiday on Monday and the Nikkei rose 0.4% to 22,669.36 points, its highest level since June 15th.
For its part, the index Topix expanded gained 0.9% to thousand 745.05 points.
The shares of export-related companies rose, thanks to the depreciation of the yen against the dollar.
A weaker yen tends to help Japanese exporters make profits abroad when they are repatriated. Toyota Motor and Nissan have been among the most favored companies during climbing
1.3 and 0.73%.
On the contrary, the shares of Yaskawa Electric fell by 7.3% and those of Okuma Corp and Fanuc by 4.1%
. especially those who had a significant trade exposure in China, operate under pressure because of concerns about the strength of the Chinese economy.
While the rest of Asia's markets fell due to growing tensions over the trade war, which overshadowed evidence that global growth is still ongoing.
The benchmark Shanghai marked its third consecutive session of losses, overwhelmed by energy companies after the sharp decline in oil prices in the international market.
The Chinese stock market index CSI300 ended the day with a 0.7% drop to 3,439.38 points, while the Shanghai Composite Index lost 0.6% to 2,798 , 13 points.
The Hong Kong Stock Exchange closed with losses of 1.25% and its benchmark, the Hang Seng, was placed at 28 thousand 181.68 integers.
While the Kospi index of the Seoul Stock Exchange fell 0.18 percent, up to 2 thousand 297.92 units. While in Singapore, the Straits Times index rose 0.24% to 3,240.48 units
. The decline came a day after the release of China's data, which showed that economic growth slowed by one-tenth and it reached 6.7% in the second quarter versus 6.8% in the first three month of the year.
The focus is on the trade dispute between the United States and several of their major trading partners, particularly China, the world's second largest economic power.
The International Monetary Fund maintains its forecast of world economic growth unchanged at 3.9% this year, despite concerns over growing trade tensions and rising oil prices.
On the foreign exchange market, the US dollar appreciated 0.2% against the yen, with the greenback being set at 112.41 yen, hitting a six-year high. month of 112.80 yen on July 13th.
However, trade tensions between the United States and China worry the market.
It is expected this Tuesday to know the first testimony before the Congress of President of the Federal Reserve (Fed) of the United States, Jerome Powell, on the economy and monetary policy.
million. Powell, who will appear before the Senate Banking Committee and Wednesday before the House's Financial Services Committee, will reiterate the Fed's stance on the gradual adjustment of monetary policy.
With information from Reuters and Notimex.
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