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Asian Shares Mixed With Nikkei 225 Down Despite Heavyweight Gains

Published 01/18/2018, 11:47 PM
Updated 01/18/2018, 11:47 PM
© Reuters.  Asian shares mixed

Investing.com - Asian shares were mixed on Friday with Tokyo down despite some heavyweight gains as investors looked to US politics after the House of Representatives passed a stopgap funding bill for the government, but the Senate may be harder to reach a deal and President Trump has how own concerns.

Japan's Nikkei 225 dipped 0.05%. Mitsubishi Motors rose 1.29%, outperforming other major auto stocks, with heavyweight Toyota higher by 0.12%. Japan's SoftBank Group on Thurday became Uber's largest shareholder after it officially closed a high-profile deal with the ride-hailing company. The deal had valued Uber at around $48 billion, which was a discount to a previous valuation of nearly $70 billion. SoftBank shares were off by 0.4%.

Australia's S&P/ASX 200 fell 013%.

In Greater China, the Shanghai Composite rose 0.36% and the Hang Seng index gained 0.10%.

Overnight, The Dow Jones industrial average fell on Thursday 97.84 points at 26,017.81 after falling 168.33 points at its session lows. The S&P 500 alternated between gains and losses throughout the session before closing 0.2% lower at 2,798.03.

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