Lola Evans
25 May 2022, 18:19 GMT+10
SYDNEY, NSW, Australia - It was a lukewarm day for stocks across Asia Wednesday with little movement in either direction.
In Tokyo, the Nikkei 225 retreated 70.34 points or 0.26 percent to 26,677.80.
China's Shanghai Composite strengthened 36.54 points or 1.19 percent to 3,107.46.
In New Zealand, the S&P/NZX 50 fell 73.66 points or 0.65 percent to 11,173.37.
South Korea's Kospi Composite gained 11.35 points or 0.44 percent to 2,617.22.
in Hong Kong, the Hang Seng added 59.17 points or 0.29 percent to 20,171.21 points.
The Australian All Ordinaries gained 18.50 points or 0.05 percent to 7,391.70.
On foreign exchange markets, the euro came under pressure from profit-takers, taking the EU unit down a full cent to 1.0671. The British pound weakened to 1.2532. The Japanese yen eased to 127.04. The Swiss franc was a tad weaker at 0.9619.
The Australian dollar fell to 0.7083. The New Zealand dollar slid to 0.6471. The Canadian dollar was steady at 1.2835.
Overnight on Wall Street, the Nasdaq Composite sank 270.83 points or 2.35 percent to 11.264.45.
The Dow Jones industrials, after being heavily in the red earlier, recovered to be 48.38 points or 0.15 percent higher at 31,928.62.
The Standard and Poor's 500 slid 32.23 points or 0.81 percent to 3,941.52.
Get a daily dose of Sri Lanka Source news through our daily email, its complimentary and keeps you fully up to date with world and business news as well.
Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Sri Lanka Source.
More InformationWARSAW, Poland: Plans are underway in Poland to gradually raise the minimum wage twice in 2024. The wage plan has ...
BEIJING, China: China will put into commercial operation its first large passenger airliner, in a bid to challenge western plane ...
FRANKFURT, Germany - With U.S. and UK. markets closed for public holidays, it was left to European and broader global ...
NEW YORK CITY, New York: The Verge has reported that Verizon Communications met with more than 6,000 customer service employees ...
WASHINGTON D.C.: In response to a safety warning issued by the US National Highway Traffic Safety Administration, Vietnamese electric vehicle ...
NEW YORK CITY, New York: Electric truck manufacturer Nikola Corp said that Nasdaq has delivered a delisting notice for not ...
ZURICH, Switzerland: In one of the largest legal awards ever against Credit Suisse, the bank was ordered to pay $926 ...
DETROIT, Michigan: Amid broader global concerns over semiconductor chip supplies, sanctions and national security, Chinese commerce minister Wang Wentao said ...
WASHINGTON D.C.: The White House announced this week that President Joe Biden has chosen US Air Force chief General Charles ...
GUAM: After Typhoon Mawar brought strong winds and torrential rains, large areas of the US Western Pacific territory of Guam ...
NEW YORK CITY, New York: In one of the largest known Chinese cyber-espionage campaigns against American critical infrastructure, a state-sponsored ...
SAN FRANCISCO, California: Sam Altman, CEO of ChatGPT-maker OpenAI, has said the company could consider leaving Europe if it could ...