Friday, December 3, 2010

Asian Markets End Mixed

Asian Markets End MixedLates News About Update Asian Markets End Mixed, Asian stock markets mostly posted modest gains Tuesday with Japan’s benchmark jumping 1.5 percent during an otherwise lackluster session in Asia. Tokyo’s Nikkei 225 stock average rose out of negative territory after the Bank of Japan cut its key interest rate to a range of zero to 0.1 percent. The index closed up 137.70 points, or 1.5 percent, at 9,518.76.





Hong Kong’s Hang Seng index added 0.1 percent to 22,639.14 and South Korea’s Kospi was fractionally lower at 1,878.94. Australia’s S&P/ASX 200 shed 0.4 percent to 4,606.90, reducing losses after the country’s central bank left its main interest rate unchanged.

In currencies, the dollar fell to 83.32 yen from 83.59 yen late Monday in New York. The euro rose to $1.3777 from $1.3665.

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