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The Financial Express

Asian stock markets mixed after US govt shutdown

| Updated: January 24, 2018 10:19:13


File Photo (Reuters) File Photo (Reuters)

Asian share markets were mixed on Monday after global investors shrugged off the latest US government shutdown.

The Shanghai Composite Index rose 0.2 per cent to 3,495.40 while Tokyo’s Nikkei 225 lost 0.2 per cent to 23,764.96. Hong Kong’s Hang Seng edged less than 0.1 per cent lower to 32,240.78.

Sydney’s S&P-ASX 200 shed 0.1 per cent to 5,998.30. Benchmarks in New Zealand, Taiwan and Jakarta advanced. Seoul’s Kospi lost 1.1 per cent to 2,492.96, reports AP.

The S&P 500 index rose 0.4 per cent, to 2,810.30 while the Dow Jones industrial average gained 0.2 per cent to 26,071.72. The Nasdaq composite added 0.6 per cent to 7,336.38.

The dollar edged up to 110.82 yen from Friday’s 110.75 yen. The euro gained to $1.2222 from $1.2220.

Benchmark US crude gained 16 cents to $63.47 per barrel in electronic trading on the New York Mercantile Exchange. The contract fell 58 cents the previous session to $63.31.

Brent crude, used to price international oils, rose 20 cents to $68.81 in London. It lost 70 cents the previous session to $68.61.

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