Sun, 19 May 2019

Japanese stocks dive, gains elsewhere

Lola Evans
16 May 2019, 17:42 GMT+10

SYDNEY, Australia - Stocks in Asia were mostly stronger on Thursday, although in Tokyo they dipped.

Japan's NIkkei 225 fell 125.58 points or 0.59% to 21,062.98 Thursday.

In China, the Shanghai Composite gained 17.03 points or 0.58% to 2,955.71.

The Australian All Ords index climbed 46.60 points or 0.73% to 6,417.50.

Hong Kong stocks were ahead 89.08 points or 0.32% in late trading, and looked likely to close in the black.

The U.S. dollar was range-bound in Asia on Thursday.

The euro continued to hover around the 1.1200 level, last trading in Sydney near the close Thursday at 1.1207.

The British pound continues its bout of weakness, closing in Sydney around 1.2837.

The Japanese yen inched up to 109.47, while the Swiss franc too edged higher to 1.0076.

The Canadian dollar was a fraction firmer at 1.3432, while the Australian and New Zealand dollars drifted lower to 0.6912 and 0.6557 respectively.

Overnight on Wall Street, the Dow Jones Industrial Average closed 119.81 points or 0.47% higher at 25,651.86.

The Standard and Poor's 500 advanced 16.73 points or 0.59% to 2,851.14.

The Nasdaq Composite did best of all, appreciating by 87.65 points or 1.13% to 7,822.15.

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