Monday 15 July 2013

INQUIRER.net: Asian shares mixed, Nikkei up on weaker yen

INQUIRER.net
Philippine News for Filipinos
Asian shares mixed, Nikkei up on weaker yen
Jul 16th 2013, 03:13

HONG KONG—Asian markets were mixed on Tuesday following a rally in the previous session, while Tokyo enjoyed a pick-up after a long weekend as the dollar remained strong against the yen.   Wall Street provided strong support after the Dow and S&P 500 closed at record highs for a third straight session despite weak retail sales figures.   Tokyo rose 0.61 percent as it played catch-up with a region-wide advance on Monday, while Sydney was flat, but Hong Kong eased 0.26 percent, Shanghai fell 0.41 percent and Seoul lost 0.32 percent.   Profit-taking weighed on prices after Monday's gains fuelled by Chinese economic growth data that come in line wit...

Keep on reading: Asian shares mixed, Nikkei up on weaker yen

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