Get 40% Off
👀 👁 🧿 All eyes on Biogen, up +4,56% after posting earnings. Our AI picked it in March 2024.
Which stocks will surge next?
Unlock AI-picked Stocks

Most Asian shares down at midday, Nikkei, Shanghai off, ASX gains

Published 04/23/2015, 11:29 PM
Updated 04/23/2015, 11:30 PM
© Reuters.  Nikkei eases

Investing.com - Shares in Tokyo took a breather and fell on Friday at the break with China shares also off, though Sydney recovered.

The Nikkei 225 fell 0.80% by midday Friday, while the Shanghai Composite was down 1.35% and the Hang Seng index off 0.15%. The S&P/ASX 200 bucked the trend, up 1.45% at the near-end of the session.

In Japan, the March service PPI rose 3.2%, a tick below the 3.3% gain expected.

U.S. stocks were higher after the close on Thursday, as gains in the Telecoms, Oil & Gas and Utilities sectors led shares higher.

At the close in New York, the Dow Jones Industrial Average gained 0.11%, while the S&P 500 index gained 0.24%, and the NASDAQ Composite index added 0.41%.

On Thursday data showed that U.S. jobless claims rose unexpectedly last week and that U.S. new home sales dropped far more than expected in March.

The U.S. Department of Labor said the number of individuals filing for initial jobless benefits in the week ending April 18 increased by 1,000 to 295,000 from the previous week’s total of 294,000.

Analysts had expected initial jobless claims to fall by 4,000 to 290,000 last week.

Data also showed that U.S. new home sales dropped 11.4% last month to 481,000 units after a revised 5.6% increase to 541,000 in February. Analysts had expected new home sales to fall 5.3% to 513,000.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.