Asian indices ends mixed; Shanghai Composite up 0.54%

India Infoline News Service | Mumbai | January 09, 2017 14:36 IST

China's Shanghai composite closed up 0.54% or 17.27 points at 3,171.59 while Shenzhen composite ended up 0.3% or 6.02 points at 1,994.15. The Kospi wavered between negative and positive territories, and closed down 0.02% at 2,048.78.

Asian indices closed on a mixed note on Monday. The ASX 200 gained up 0.9% at 5,8074, seeing broad gains across all sub-indexes except for materials and gold. The dollar index, which measures the greenback against a basket of six major currencies, was trading between day's range 102.12-102.45. Brent futures slipped 0.4% at $ 56.88 a barrel, while U.S. crude futures dipped 0.5% at $ 53.74.

Non-farm payrolls rose by 156,000 last month, the US Labour Department said on Friday. This number is higher than the base target of 100,000 jobs a month, highlighted by US Fed Chair Janet Yellen recently.

Meanwhile, oil prices retreated, with West Texas Intermediate and Brent crude down 0.7% at $ 53.61 a barrel and $ 56.71, respectively.

China's Shanghai composite closed up 0.6% or 17.27 points at 3,171.59 while Shenzhen composite ended up 0.3% or 6.02 points at 1,994.15. The Kospi wavered between negative and positive territories, and closed down 0.02% at 2,048.78.

The Japanese market is shut today on account of Coming-of-Age Day.

Taiwan’s Taiex at 9,342 points (down 0.32%), Singapore’s Straits Times at 2,980 points (up 0.57%), Hong Kong’s Hang Seng at 22,559 points (up 0.25%) and Singapore Nifty at 8,264 points (down 0.05%).
 

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