Market Analysis

[MARKET ANALYSIS] Asia-Pac stocks are mixed amid a lack of fresh catalysts and in extremely-thinned holiday conditions

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APAC Stocks: MixedAsia-Pac stocks trade mixed amid the extremely-thinned conditions due to the Lunar New Year holiday and in the absence of a lead from the US, where markets were closed for Washington's Birthday/Presidents Day.ASX 200: +0.4%Index is led higher by outperformance in miners with BHP shares surging after the mining giant reported a 28% jump in H1 net, although gains in the broader market are capped by weakness in tech and real estate.Nikkei 225: -0.9%Retreated shortly after the open with SoftBank and heavy industry stocks leading the declines, as the post-election euphoria petered out following the recent underwhelming GDP data.US Equity Futures: LowerMildly retreated overnight amid humdrum conditions and lack of macro catalysts.European Equity Futures -0.1%Indicate a lacklustre cash market open with Euro Stoxx 50 futures down 0.1% after the cash market closed with losses of 0.1% on Monday.

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