Thu, 24 Sep 2020

U.S. dollar makes minor gains in Asia, stocks mixed

Lola Evans
12 Aug 2020, 18:54 GMT+10

SYDNEY, Australia - Asian stock markets were mixed on Wednesday, rising in Japan and Hong Kong, but falling in China and Australia.

The U.S. dollar made minor gains.

In Tokyo, the Nikkei 225 rose 93.72 points or 0.41% to 22,843.96.

Hong Kong's Hang Seng jumped 353.34 points or 1.42% to 25,244.02.

China's Shanghai Composite dropped 21.02 points or 0.24% to 6,257.00.

The Australian All Ordinaries fell 15.10 points or 0.24% to 6,257.00.

The euro edged down to 1.1757 by the Sydney close on Wednesday. The British pound softened to 1.3063. The Japanese yen slid to 106.78. The Swiss franc, going against the trend, firmed to 0.9150.

The Canadian dollar was little changed at 1.3309. The Australian and New Zealand dollars were a fraction lower at 0.7132 and 0.6550 respectively.

Overnight on Wall Street, the Dow Jones Industrial Average was down 104.53 points, or 0.38%, ar 27,686.91.

The Standard and Poor's 500 declined 26.78 points, or 0.80%, to 3,333.69.

The Nasdaq Composite shed 185.53 points, or 1.69%, to 10,782.82.

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