📖 Your Q2 Earnings Guide: Discover the Stocks ProPicks AI Highlights to Jump Post-EarningsRead more

Markets in Asia mixed with Tokyo posting gains, HK shut on typhoon

Published 10/20/2016, 11:44 PM
Updated 10/20/2016, 11:45 PM
© Reuters.  Asian markets mixed
US500
-
DJI
-
JP225
-
DX
-
IXIC
-
SSEC
-

Investing.com - Asian shares were mixed on Friday with Tokyo showing gains, while Shanghai slipped and Hong Kong shut because of severe weather.

The Nikkei 225 rose 0.22%. Shares of Japanese automaker Nissan rose 1.14% following news on Thursday it had completed the acquisition of a 34% controlling stake in Mitsubishi Motors, which gained 2.43%. Nintendo shares fell 6.70% Friday morning, despite revealing some details about its new gaming console, the Nintendo Switch available from March 2017, according to the company.

The Shanghai Composite Index edged down 0.48%, while Hong Kong's stock market was closed in the morning due to a typhoon. In China, house prices data for September rose at an 11.2% pace, beating the previous gain on 9.2% year-on-year.

The yuan fell to a six-year record low against the dollar after the People's Bank of China sharply weakened the fixing 0.37% weaker at 6.7558 following the dollar index's strength overnight.

U.S. stocks were lower after the close on Thursday, as losses in the Telecoms, Industrials and Consumer Goods sectors led shares lower.

At the close in NYSE, the Dow Jones Industrial Average fell 0.22%, while the S&P 500 index declined 0.14%, and the NASDAQ Composite index lost 0.09%.

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.