Wed, 08 Jul 2020

Stock markets in Asia generally mixed

By Jay Jackson, Arkansas State News.Net
14 Mar 2019, 16:43 GMT+10

SYDNEY, Australia - Prices of stocks in Asia slipped in and out of positive territory on Thursday, ignoring gains on Wall Street.

The U.S. dollar which lost ground a day earlier, was correcting higher on Thursday.

At the close of trading Thursday, the Australian All Ordinaries was up 20.80 points or 0.33% at 6,266.80.

In Tokyo, the Nikkei 225 was virtually unchanged, falling just 3.22 points or 0.02% to 21,287.02.

In Hong Kong, the Hang Seng closed up 43.94 points or 0.15% at 28,851.38.

China's Shanghai Composite, finished down 36.27 points or 1.20% at 2,990.69.

On foreign exchange markets, the British pound  which had roared above the 1.3300 level a day earlier, wilted to last trade at 1.3245, around the close in Sydney on Thursday.

The euro also gave back a portion of its gains, as it traded around 1.1318.

The Japanese yen weakened to 111.56, while the Swiss franc slipped to 1.0047.

The Canadian dollar edged down to 1.3313, while the Australian and New Zealand dollars were also solf off, to 0.7059 and 0.6837.

Overnight on Wall Street, the Dow Jones industrials gained 148.23 points or 0.58% to last trade at 25,702.89.

The Standard and Poor's 500 added 19.40 points or 0.69% at 2,810.92.

The Nasdaq Composite rose 52.37 points or 0.69% to 7,643.41.

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