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Shares in Asia mixed with Tokyo down as investors show Brexit caution

Published 06/22/2016, 12:59 AM
Updated 06/22/2016, 01:00 AM
© Reuters.  Asian shares mixed

Investing.com - Shares in Asia were mixed on Wednesday with Tokyo down slightly, but Sydney and Shanghai showing gains as markets held cautious ahead of this week's Brexit vote.

The NIkkei 225 fell 0.22%. The S&P/ASX 200 rose 0.19% and the Shanghai Composite was up 0.45%.

The most recent poll on the U.K.’s June 23 referendum on membership in the EU showed both camps running neck and neck.

Survation’s latest and final poll before the vote showed that 45% of British citizens preferred to remain in the EU, with 44% opting for a Brexit and 11% undecided.

Overnight, U.S. stocks ticked up on Tuesday in cautious trade, as investors showed little reaction to testimony from Federal Reserve chair Janet Yellen on Capitol Hill and looked ahead to the Brexit vote.

The Dow Jones Industrial Average rose 24.86 or 0.14% to 17,829.73, while the S&P 500 Composite index added 5.65 or 0.27% to 2,088.90, each extending gains from Monday's rally. On the S&P 500, six of 10 sectors closed in the green, as stocks in the Energy, Telecommunications and Technology industries led. Stocks in the Basic Materials and Health Care sector lagged, each closing in negative territory for the day. Both the Dow and S&P 500 remain about 2% below their all-time highs.

Latest comments

Brexit is nothing.
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