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The Financial Express

Asian shares mixed after Wall Street rally

| Updated: November 30, 2017 12:21:44


Evaly and Fianancial Express Evaly and Fianancial Express
File Photo (AP) File Photo (AP)

Most of the shares are mixed in Asia following a broad rally on Wall Street that lifted US stocks to a milestone-shattering finish.

Investors appeared to shrug off the latest launch of a ballistic missile by North Korea.

Japan's Nikkei 225 index gained 0.3 per cent to 22,552.38, while South Korea's Kospi was almost unchanged at 2,513.42. Australia's S&P ASX 200 added 0.6 per cent to 6,059.59.

The Hang Seng index in Hong Kong fell 0.3 per cent to 29,590.11 and the Shanghai Composite index sank 0.7 per cent to 3,312.05. Shares in Southeast Asia were mixed.

The S&P 500 index rose 1.0 per cent to 2,627.04. The Dow Jones industrial average gained 1.1 per cent to 23,836.71 and the Nasdaq composite added 0.5 per cent to 6,912.36.

The Russell 2000 index of smaller-company stocks picked up 1.5 per cent, to 1,536.43. Gainers outnumbered decliners more than 2 to 1 on the New York Stock Exchange.

Benchmark US crude gave up 30 cents to $57.69 per barrel in electronic trading on the New York Mercantile Exchange. It dropped 12 cents to settle at $57.99 a barrel on Tuesday.

Brent crude, used to price international oils, lost 35 cents to $62.89 per barrel. It declined 23 cents to close at $63.61 in London.

The dollar rose to 111.52 Japanese yen from 111.46 yen on Tuesday. The euro rose to $1.1850 from $1.1839.

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