Asian shares meander ahead of US midterms vote

Published: November 06, 2018 11:18:55 | Updated: November 08, 2018 13:51:23


File Photo (Collected)

Share prices are mixed in Asia as markets await the outcome of the US midterm elections.

Japan's Nikkei 225 index jumped 1.0 per cent to 22,104.37 and the Kospi in South Korea added 0.1 per cent to 2,078.75. The Shanghai Composite index slipped 1.1 per cent to 2,637.35.

Hong Kong's Hang Seng edged 0.2 per cent lower to 25,894.70. Australia's S&P ASX 200 advanced 0.3 per cent to 5,940.22.

Shares fell in Taiwan but rose in Jakarta and Thailand. Markets were closed in Singapore for a public holiday, reports AP.

US stocks mostly rose Monday. The S&P 500 index added 0.6 per cent to 2,738.31. The Dow Jones Industrial Average rose 0.8 per cent to 25,461.70.

The Nasdaq composite sank 0.4 per cent, to 7,328.85. The Russell 2000 index of smaller-company stocks slipped 0.47 point to 1,547.51.

Benchmark US crude slipped 13 cents to $62.97 per barrel in electronic trading on the New York Mercantile Exchange. It lost 4 cents to $63.10 a barrel on Monday.

Brent crude, used to price international oils, dropped 27 cents to $72.90 per barrel.

The dollar rose to 113.32 yen from 113.20 yen. The euro slipped to $1.1403 from $1.1408.

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