Tuesday, July 16, 2013

Asian shares mixed, Nikkei up on weaker yen





Asian markets were mixed on Tuesday following a rally in the previous session, while Tokyo enjoyed a pick-up after a long weekend as the dollar remained strong against the yen.


Wall Street provided strong support after the Dow and S&P 500 closed at record highs for a third straight session despite weak retail sales figures.


Tokyo rose 0.61 per cent as it played catch-up with a region-wide advance on Monday, while Sydney was flat, but Hong Kong eased 0.26 per cent, Shanghai fell 0.41 per cent and Seoul lost 0.32 per cent.









via Business feed http://www.scmp.com/business/money/markets-investing/article/1283832/asian-shares-mixed-nikkei-weaker-yen

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