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Asian Markets Exhibit Mixed Trend

Asian Markets Exhibit Mixed Trend CANBERA (dpa-AFX) - Asian stock markets are turning in a mixed performance on Thursday after the U.S. Federal Reserve revealed plans to continue its asset purchase program and U.S. lawmakers made progress toward a $900 billion coronavirus relief deal. Nevertheless, worries about the continued surge in global coronavirus cases and lockdown measures weighed on the markets. The Australian market is extending gains from the previous session following the mostly positive cues overnight from Wall Street. In addition, upbeat Australian employment data for November boosted sentiment. The benchmark S&P/ASX 200 Index is rising 36.30 points or 0.54 percent to 6,715.50, after touching a high of 6726.40. The broader All Ordinaries Index is adding 41.90 points or 0.61 percent to 6,958.60. Australian stocks closed higher on Wednesday.

Japanese Market Little Changed

Japanese Market Little Changed TOKYO (dpa-AFX) - The Japanese stock market is little changed on Thursday in choppy trading following the mixed cues overnight from Wall Street after the Federal Reserve revealed plans to continue its asset purchase program and as U.S. lawmakers made progress toward a stimulus deal. The benchmark Nikkei 225 Index is adding 5.85 points or 0.02 percent to 26,763.25, after falling to a low of 26,676.28 earlier. The Japanese market closed higher on Wednesday. Market heavyweight SoftBank Group is gaining more than 3 percent, while Fast Retailing is edging down 0.1 percent. In the tech space, Tokyo Electron is rising almost 2 percent, while Advantest is down 0.1 percent.

Japanese Market Drifts Lower

Japanese Market Drifts Lower
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Asian Markets Mixed Amid Cautious Trades

Asian Markets Mixed Amid Cautious Trades
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