{"id":115381,"date":"2021-05-28T16:05:42","date_gmt":"2021-05-28T16:05:42","guid":{"rendered":"https:\/\/fin2me.com\/?p=115381"},"modified":"2021-05-28T16:05:42","modified_gmt":"2021-05-28T16:05:42","slug":"asian-markets-show-mixed-trend","status":"publish","type":"post","link":"https:\/\/fin2me.com\/business\/asian-markets-show-mixed-trend\/","title":{"rendered":"Asian Markets Show Mixed Trend"},"content":{"rendered":"

Asian stock markets<\/span> are mixed on Monday, following the mixed cues from Wall Street on Friday after data showed the U.S. economic recovery is underway. Bargain hunting offering some support, while inflation worries and COVID concerns kept the underlying mood cautious. Asian markets also closed mixed on Friday.<\/p>\n

The Australian stock market is slightly lower in choppy trading on Monday, after gains in the previous two sessions, with the benchmark S&P\/ASX 200 staying above the 7,000 mark near 14-month highs, following the mixed cues from Wall Street on Friday. Stocks are mixed across all sectors amid the lack of any major fresh cues.<\/p>\n

The benchmark S&P\/ASX 200 Index is losing 5.00 points or 0.07 percent to 7,025.30, after touching a high of 7,061.90 and a low of 7,015.50 earlier. The broader All Ordinaries Index is down 9.00 points or 0.12 percent to 7,256.30. Australian stocks closed slightly higher on Friday.<\/p>\n

Among the major miners, BHP Group and Rio Tinto are edging down 0.3 percent each, while Mineral Resources is gaining more than 3 percent. Fortescue Metals and OZ Minerals are down almost 1 percent each.<\/p>\n

Oil stocks are mixed, with Oil Search flat, while Beach energy and Santos are edging down 0.2 percent. Woodside Petroleum is gaining almost 1 percent.<\/p>\n

The big four banks are higher. National Australia Bank and ANZ Banking are edging up 0.3 percent each, while Westpac is gaining almost 1 percent. Commonwealth Bank is edging down 0.2 percent.<\/p>\n

Among tech stocks, Afterpay and Appen are edging down 0.4 percent each, while WiseTech Global is gaining almost 2 percent. Xero is edging up 0.3 percent.<\/p>\n

Gold miners are mixed, with Evolution Mining and Newcrest Mining gaining more than 1 percent each, while Northern Star Resources is losing almost 1 percent and Resolute Mining is down more than 1 percent. Gold Road Resources is gaining more than 3 percent.<\/p>\n

In the currency market, the Aussie dollar is trading at $0.772 on Monday.<\/p>\n

Japanese stock market is slightly higher after paring early gains on Monday, extending the gains of the previous two sessions, with the Nikkei 225 just below the 28,400 level, following the mixed cues from Wall Street on Friday. Traders also remain concerned as the government enhances their response to tackle the fourth wave of coronavirus<\/span> infections with more than 40 percent of Japan’s population are under the state of emergency. <\/p>\n

The benchmark Nikkei 225 Index closed the morning session at 28,376.70, up 58.87 points or 0.21 percent, after touching a high of 28,584.18 earlier. Japanese shares ended notably higher on Friday.<\/p>\n

Market heavyweight SoftBank Group is losing more than 2 percent, while Uniqlo operator Fast Retailing is gaining almost 1 percent. Among automakers, Honda is gaining more than 2 percent, and Toyota is adding almost 2 percent.<\/p>\n

The major exporters are mostly higher, with Canon adding almost 2 percent, while Panasonic and Mitsubishi Electric are gaining more than 1 percent each. Sony is edging down 0.2 percent.<\/p>\n

In the tech space, Advantest is losing almost 1 percent and Tokyo Electron is edging down 0.5 percent, while Screen Holdings is gaining almost 1 percent each. In the banking sector, Sumitomo Mitsui Financial and Mizuho Financial are gaining more than 1 percent each, while Mitsubishi UFJ Financial is adding almost 2 percent.<\/p>\n

Among the other major gainers, Kawasaki Kisen Kaisha is surging almost 7 percent, Shinsei Bank is adding almost 6 percent, Nippon Yusen is up almost 5 percent and Mitsui OSK Lines is rising more than 4 percent, while Japan Steel Works and Citizen Watch are up almost 4 percent each. Kobe Steel and Kubota are adding most than 3 percent each, while Mitsubishi Chemical, Sumitomo Dainippon, Kuraray, Showa Denko, Sumitomo Heavy Industries, Yamaha and Marubeni are gaining almost 3 percent each.<\/p>\n

Conversely, Rakuten is losing more than 3 percent, while Marui Group and Nexon are down more than 2 percent each. Pacific Metals is declining almost 2 percent.<\/p>\n

In the currency market, the U.S. dollar is trading in the higher 108 yen-range on Monday.<\/p>\n

Elsewhere in Asia, New Zealand, China, Taiwan, South Korea, Hong Kong and are lower by between 0.2 and 0.7 percent. Meanwhile, Malaysia, Indonesia and Singapore are higher by between 0.3 and 0.8 percent each.<\/p>\n

On Wall Street, stock indexes turned mixed over the course of the trading day on Friday after moving to the upside early in the session. While the Dow managed to remain in positive territory, the Nasdaq and the S&P 500 slid into the red.<\/p>\n

The major averages finished the day on opposite sides of the unchanged line. The Dow rose 123.69 points or 0.4 percent to 34,207.84, but the Nasdaq fell 64.75 points or 0.5 percent to 13,470.99 and the S&P 500 edged down 3.26 points or 0.1 percent to 4,155.86.<\/p>\n

Meanwhile, most European stocks moved to the upside on the day. The French CAC 40 Index advanced by 0.7 percent and the German DAX Index rose by 0.4 percent, although the U.K.’s FTSE 100 Index closed just below the unchanged line.<\/p>\n

Crude oil prices rose sharply on Friday on reports that a cyclone may disrupt production in the Gulf of Mexico. West Texas Intermediate Crude oil futures ended up $1.64 or 2.7 percent at $63.58 a barrel. WTI futures shed 2.7 percent in the week. <\/p>\n

Source: Read Full Article<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Asian stock markets are mixed on Monday, following the mixed cues from Wall Street on Friday after data showed the U.S. economic recovery is underway. […]<\/p>\n","protected":false},"author":3,"featured_media":115380,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[],"yoast_head":"\nAsian Markets Show Mixed Trend - Fin2me<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/fin2me.com\/business\/asian-markets-show-mixed-trend\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Asian Markets Show Mixed Trend - Fin2me\" \/>\n<meta property=\"og:description\" content=\"Asian stock markets are mixed on Monday, following the mixed cues from Wall Street on Friday after data showed the U.S. economic recovery is underway. [...]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/fin2me.com\/business\/asian-markets-show-mixed-trend\/\" \/>\n<meta property=\"og:site_name\" content=\"Fin2me\" \/>\n<meta property=\"article:published_time\" content=\"2021-05-28T16:05:42+00:00\" \/>\n<meta name=\"author\" content=\"Mark\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:image\" content=\"https:\/\/fin2me.com\/wp-content\/uploads\/2021\/05\/Asian-Markets-Show-Mixed-Trend-.jpg\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Mark\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"4 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/fin2me.com\/business\/asian-markets-show-mixed-trend\/\",\"url\":\"https:\/\/fin2me.com\/business\/asian-markets-show-mixed-trend\/\",\"name\":\"Asian Markets Show Mixed Trend - Fin2me\",\"isPartOf\":{\"@id\":\"https:\/\/fin2me.com\/#website\"},\"datePublished\":\"2021-05-28T16:05:42+00:00\",\"dateModified\":\"2021-05-28T16:05:42+00:00\",\"author\":{\"@id\":\"https:\/\/fin2me.com\/#\/schema\/person\/ad0e9920e03d3b41c7ad02a18375d76a\"},\"breadcrumb\":{\"@id\":\"https:\/\/fin2me.com\/business\/asian-markets-show-mixed-trend\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/fin2me.com\/business\/asian-markets-show-mixed-trend\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/fin2me.com\/business\/asian-markets-show-mixed-trend\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/fin2me.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Business\",\"item\":\"https:\/\/fin2me.com\/category\/business\/\"},{\"@type\":\"ListItem\",\"position\":3,\"name\":\"Asian Markets Show Mixed Trend\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/fin2me.com\/#website\",\"url\":\"https:\/\/fin2me.com\/\",\"name\":\"Fin2me\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/fin2me.com\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/fin2me.com\/#\/schema\/person\/ad0e9920e03d3b41c7ad02a18375d76a\",\"name\":\"Mark\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/fin2me.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/39b72719fb75a2d3c7d7695026648602?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/39b72719fb75a2d3c7d7695026648602?s=96&d=mm&r=g\",\"caption\":\"Mark\"}}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Asian Markets Show Mixed Trend - Fin2me","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/fin2me.com\/business\/asian-markets-show-mixed-trend\/","og_locale":"en_US","og_type":"article","og_title":"Asian Markets Show Mixed Trend - Fin2me","og_description":"Asian stock markets are mixed on Monday, following the mixed cues from Wall Street on Friday after data showed the U.S. economic recovery is underway. [...]","og_url":"https:\/\/fin2me.com\/business\/asian-markets-show-mixed-trend\/","og_site_name":"Fin2me","article_published_time":"2021-05-28T16:05:42+00:00","author":"Mark","twitter_card":"summary_large_image","twitter_image":"https:\/\/fin2me.com\/wp-content\/uploads\/2021\/05\/Asian-Markets-Show-Mixed-Trend-.jpg","twitter_misc":{"Written by":"Mark","Est. reading time":"4 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/fin2me.com\/business\/asian-markets-show-mixed-trend\/","url":"https:\/\/fin2me.com\/business\/asian-markets-show-mixed-trend\/","name":"Asian Markets Show Mixed Trend - Fin2me","isPartOf":{"@id":"https:\/\/fin2me.com\/#website"},"datePublished":"2021-05-28T16:05:42+00:00","dateModified":"2021-05-28T16:05:42+00:00","author":{"@id":"https:\/\/fin2me.com\/#\/schema\/person\/ad0e9920e03d3b41c7ad02a18375d76a"},"breadcrumb":{"@id":"https:\/\/fin2me.com\/business\/asian-markets-show-mixed-trend\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/fin2me.com\/business\/asian-markets-show-mixed-trend\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/fin2me.com\/business\/asian-markets-show-mixed-trend\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/fin2me.com\/"},{"@type":"ListItem","position":2,"name":"Business","item":"https:\/\/fin2me.com\/category\/business\/"},{"@type":"ListItem","position":3,"name":"Asian Markets Show Mixed Trend"}]},{"@type":"WebSite","@id":"https:\/\/fin2me.com\/#website","url":"https:\/\/fin2me.com\/","name":"Fin2me","description":"","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/fin2me.com\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/fin2me.com\/#\/schema\/person\/ad0e9920e03d3b41c7ad02a18375d76a","name":"Mark","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/fin2me.com\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/39b72719fb75a2d3c7d7695026648602?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/39b72719fb75a2d3c7d7695026648602?s=96&d=mm&r=g","caption":"Mark"}}]}},"_links":{"self":[{"href":"https:\/\/fin2me.com\/wp-json\/wp\/v2\/posts\/115381"}],"collection":[{"href":"https:\/\/fin2me.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/fin2me.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/fin2me.com\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/fin2me.com\/wp-json\/wp\/v2\/comments?post=115381"}],"version-history":[{"count":0,"href":"https:\/\/fin2me.com\/wp-json\/wp\/v2\/posts\/115381\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/fin2me.com\/wp-json\/wp\/v2\/media\/115380"}],"wp:attachment":[{"href":"https:\/\/fin2me.com\/wp-json\/wp\/v2\/media?parent=115381"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/fin2me.com\/wp-json\/wp\/v2\/categories?post=115381"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/fin2me.com\/wp-json\/wp\/v2\/tags?post=115381"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}