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Asian shares mixed amid US-China trade worries

Published: August 16, 2019 12:30:32 | Updated: September 05, 2019 12:39:19


File Photo (Collected)

Asian shares were mixed Friday as turbulence continued on global markets amid ongoing worries about US-China trade conflict.

Japan's benchmark Nikkei 225 recouped early losses to be up 0.3 per cent at 20,456.96 in morning trading. Australia's S&P/ASX 200 inched down nearly 0.1 per cent to 6,402.40.

South Korea's Kospi fell 0.8 per cent to 1,923.56. Hong Kong's Hang Seng added 0.8 per cent to 25,701.58. The Shanghai Composite gained 0.7 per cent to 2,834.85, reports AP.

The S&P 500 rose 7 points, or 0.2 per cent, to 2,847.60. The benchmark index swung between a 0.6 per cent gain and 0.5 per cent loss. A day earlier, it plunged 2.9 per cent.

The Dow Jones Industrial Average, coming off its worst day of the year, gained 99.97 points, or 0.4 per cent, to 25,579.39. The Nasdaq composite dropped 7.32 points, or 0.1 per cent, to 7,766.62.

The Russell 2000 index of smaller companies lost 5.87 points, or 0.4 per cent, to 1,461.65.

Benchmark US crude added 62 cents to $55.09. It fell 76 cents to $54.47 per barrel Thursday. Brent crude, the international standard, rose 48 cents to $58.71.

The dollar was little changed at 106.20 Japanese yen, compared to 106.23 yen Thursday. The euro weakened to $1.1103 from $1.1150.

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