Asia stocks mixed amid tariff worries; China shares slip on weak inflation print By Investing.com
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Mar 10 2025
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Source: Investing.com
Market Reactions to Tariffs: Asian stocks showed mixed performance as investors reacted to U.S. President Trump's recent tariff announcements, with declines in Chinese markets due to worsening deflationary pressures, while some indices in South Korea, Japan, and Australia saw gains.
China's Economic Data: China's consumer price index (CPI) fell by 0.7% year-on-year, marking its first decline in over a year, alongside a 2.2% drop in the producer price index (PPI), prompting discussions among policymakers on potential stimulus measures to boost economic growth amid weak domestic demand.
Analyst Views on PSI
Wall Street analysts forecast PSI stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for PSI is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
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Current: 95.300
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Current: 95.300
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
