|Published : 24 Nov 2016, 10:09:41 | Updated : 24 Nov 2016, 11:08:23|
Asian stocks mixed in quiet trading
Asian markets were mixed Thursday in quiet trade amid the Thanksgiving holiday in the US, with Japan's bourse buoyed by a lower yen.
Japan's Nikkei rose 1.0 per cent to 18,338.35 while Shanghai Composite Index was up 3,248.11. Seoul's fell 0.5 per cent to 1,977.64 while Sydney's S&P-ASX 200 eased 0.1 per cent to 5,480.20.
Hong Kong's Hang Seng shed 0.4 per cent to 22,578.18. Benchmarks in New Zealand rose but Singapore, Taiwan and Indonesia retreated.
The Dow Jones industrial average and S&P 500 indexes again set records Wednesday in pre-holiday trading. The Dow rose 0.3 per cent to 19,083.18 and the S&P 500 index edged up 0.1 per cent to 2,204.72. The Nasdaq composite shed 0.1 per cent to 5,380.68.
US markets will be closed Thursday and will close early on Friday.
The dollar rose to 112.83 yen from Wednesday's 112.60 yen while the euro eased further to $1.0530 from $1.0549.
Benchmark US crude rose 5 cents to $48.01 per barrel in electronic trading on the New York Mercantile Exchange. The contract slipped 7 cents on Wednesday to close at $47.96.
Brent crude, used to price international oils, was flat at $48.95 in London. The contract lost 17 cents in the previous session, according to a news agency report.