Asian Indices Close Mixed, Nikkei Adds 0.30%

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Written By: Nikolas Papas
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  • Asian indices finished mixed today despite Wall Street indices finished at all time high. The Hang Seng finished 0.21 percent lower at 28,795,

Asian indices finished mixed today despite Wall Street indices finished at all time high. The Hang Seng finished 0.21 percent lower at 28,795, the Shanghai composite slipped 0.33 percent to 3,005 and the Singapore Straits Times index finished 0.19 percent higher at 3,374. ASX 200 in Australia ended 0.49 percent higher at 6718, recording gains for fourth straight day. ASX trades at fresh 11.5year high. In Japan the main benchmark, Nikkei 225 finished 0.30 percent higher at 21,702. Earlier today Japan Prime Minister Abe assured there is no plan to raise sales tax rate further during his administration.

Yesterday in Wall Street, Dow Jones was 0.67% higher at 26,966, while the S&P 500 recorded new all time high at 2,995 and the Nasdaq Composite closed 0.75% higher at 8,170.

In Asian forex markets USDJPY trading 0.02 percent higher at 107.79, the Aussie dollar continues higher against greenback at 0.7022 below the daily high despite the Australia Retail Sales for May came in at +0.1% m/m worst than analysts’ expectations of 0.2%. NZDUSD is trading flat at 0.6679 vs USD.Don’t miss a beat! Follow us on Twitter.

Written By: Nikolas Papas

Technical analyst of forex, stock market indices and commoditiesTechnical analyst of forex, stock market indices and commodities Skills: Technical Analysis · forex · Stocks · Crypto · Writing

Published by
Written By: Nikolas Papas