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Asian shares mixed with Australia edging up in busy data day

Published 04/28/2016, 11:58 PM
Updated 04/29/2016, 12:00 AM
© Reuters.  Asia shares mixed

Investing.com - Asian shares were mixed on Friday with Sydney edging up after a busy data day.

The market in Tokyo was shut on Friday.

The S&P/ASX 200 rose 0.39%. In Australia, housing credit data rose 0.5% in March, unchanged from the previous month, while first quarter producer prices fell 0.2%, compared with a 0.2% gain seen quarter-on-quarter. As well, private sector credit for March gained 0.4%, compared with a 0.6% month-on-month rise seen.

The the Shanghai Composite Index eased 0.07% and the Hang Seng index was last down 1.26%.

The yuan rose against the dollar on Thursday after the People's Bank of China set the fixing 0.56% stronger - the biggest single-day percentage increase since July 2005 - at 6.4589 compared with 6.4954.

Overnight, U.S. stocks were lower after the close on Thursday, as losses in the Oil & Gas, Technology and Consumer Services sectors led shares lower.

At the close in NYSE, the Dow Jones Industrial Average declined 1.17%, while the S&P 500 index fell 0.92%, and the NASDAQ Composite index declined 1.19%.

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