Asian markets mixed on session

Asian markets mixed on session

Asian and Pacific equities markets were mixed on Monday. In Australia, the Sydney Ordinaries added 0.08 percent to 6,192.2, while in India the Sensex was 0.22 percent higher to 13,928.33 and the Straits Times index in Singapore gained 0.83 percent to 3,388.48. On the other hand, the Hang Seng index dropped 0.05 percent to 20,556.57 in Hong Kong. The markets were mixed in Tokyo as well, with the Nikkei 225 up fractionally to 17,455.37. The Topix index, however, was 0.26 percent lower to 1,705.63 and the Mothers index of small and mid-caps dropped 3.3 percent to 904.6.

In Europe, the contiental markets were lower while the London markets ended the session mixed. The FTSE Eurofirst 300 was 0.1 percent lower to 1,578.49. In Frankfurt, the Dax dropped 0.09 percent to 7,335.62, while the CAC-40 was down 0.36 percent to 5,917.32 in Paris. In London, the FTSE 100 fell 0.11 percent to 6,479.7, but the FTSE 250 added 0.2 percent to 11,924.3 on the session.

Wall Street was mixed at midday, with the Dow Jones Industrial Average down 0.01 percent to 12,960.6 after going as high as 12,983.92 earlier in the morning, a new high. The S&P 500 was 0.01 percent lower as well, to 1,484.20, while the Nasdaq Composite was up 0.02 percent to 2,526.79. The Russell 2000 index of small and mid-caps was also lower, dropping 0.08 percent to 828.78.

Crude oil prices were up on concerns of supply disruptions in Nigeria after presidential elections were called a failure by international monitors. Metals prices were mixed.

The US dollar was slightly stronger on the session. Despite a decline in relation to the dollar, the yen was generally stronger after an upgrade of its debt by Standard & Poor’s.


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