Arab Today, arab today asian shares mixed nikkei ends flat as yen weakens
Last Updated : GMT 20:52:13
Arab Today, arab today
Arab Today, arab today

Asian shares mixed, Nikkei ends flat as yen weakens

Arab Today, arab today

Arab Today, arab today Asian shares mixed, Nikkei ends flat as yen weakens

Hong Kong - AFP

Asian markets were mixed on Thursday, with Tokyo ending flat after a seesaw session that saw parts suppliers hit after global aviation agencies grounded Boeing's Dreamliner. The euro and dollar resumed their upward trend against the yen after Japan's economy minister Akira Amari distanced himself from his earlier reported comments, that too sharp a fall in the yen could be bad. Tokyo edged up 9.20 points to 10,609.64, after heavy losses in the previous session on the back of a strengthening yen. Seoul lost 0.16 percent, or 3.18 points, to 1,974.27 but Sydney added 0.38 percent, or 18.2 points, to 4,756.6. Shanghai fell 1.06 percent, or 24.59 points, to 2,284.91, while Hong Kong ended flat, dipping 17.23 points to 23,339.76. The yen had strengthened after Amari on Tuesday was quoted as saying that the currency's rapid decline in recent weeks was putting Japan's fragile recovery at risk by making imports more expensive. The rise in the currency hit the Nikkei, which tumbled Wednesday after hitting a 32-month high earlier in the week. But the unit eased back on Thursday after Amari said his comments had been misinterpreted. In afternoon trade the dollar bought 88.62 yen, up from 88.37 yen in New York late Wednesday, while the euro rose to 117.90 yen from 117.42 yen. The single currency bought $1.3305 Thursday, from $1.3286. Eyes are now on a Bank of Japan rate-setting meeting next week to see if it follows a monetary policy line closer to the new government, which is calling for more loosening. Shares in two of the country's biggest airlines ended with mixed fortunes after suffering a sell-off in the wake of their announcement that they would ground their Boeing 787 Dreamliner fleets. The news from All Nippon Airways (ANA) and Japan Airlines (JAL) came after an ANA plane was forced to make an emergency landing Wednesday owing to problems with a battery. The incident is the latest in just over a week to hit the aircraft, including engine problems and fuel leaks. Authorities around the world including in the US, Europe and India later ordered airlines to stop flying the troubled airplanes, meaning that most of the Dreamliners in operation worldwide have now been grounded. Japanese authorities said Thursday the grounding would continue indefinitely until all batteries were confirmed to be safe. However JAL finished the day 0.27 percent higher -- a reversal from the 1.0 percent loss in mid-session -- while ANA ended 0.54 percent off after slipping more than one percent earlier. Component suppliers fared worse but still pared their morning losses. Carbon fibre maker Toray Industries lost 1.96 percent and battery maker GS Yuasa tumbled 4.98 percent. Wall Street provided an anaemic lead, with the Dow falling 0.17 percent, the S&P 500 flat and the Nasdaq up 0.22 percent. Dealers are also eyeing Friday's release of Chinese growth data, with expectations high that it will show a further pick-up in the economy as it emerges from a drawn-out slumber. Oil prices slipped. New York's main contract, light sweet crude for delivery in February, shed 15 cents to US$94.09 a barrel. Brent North Sea crude for March delivery fell US$1.08 to US$109.78 53. Gold was at US$1,681.70 at 1130GMT compared with US$1,678.80 late Wednesday. In other markets: Taipei lost 1.09 percent, or 83.79 points, to 7,616.64. Manila closed 0.41 percent higher, adding 24.66 points, to 6,072.18. Singapore closed down 0.42 percent, or 13.40 points, to 3,195.10. Kuala Lumpur shares fell 1.86 points, or 0.11 percent, to 1,681.09. Bangkok added 0.34 percent, or 4.81 points, to 1,420.95. Jakarta fell 0.29 percent, or 12.58 points, to 4,398.38. Mumbai rose 0.74 percent, or 146.40 points, to 19,964.03.

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today asian shares mixed nikkei ends flat as yen weakens Arab Today, arab today asian shares mixed nikkei ends flat as yen weakens

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today asian shares mixed nikkei ends flat as yen weakens Arab Today, arab today asian shares mixed nikkei ends flat as yen weakens

 



Arab Today, arab today
Arab Today, arab today Youssra depended on colored foam

GMT 16:53 2017 Tuesday ,05 September

Youssra depended on colored foam
Arab Today, arab today EasyJet, Lufthansa among seven to bid

GMT 06:49 2017 Tuesday ,17 October

EasyJet, Lufthansa among seven to bid
Arab Today, arab today Etiquette expert underlines importance of gifts

GMT 17:52 2017 Sunday ,03 September

Etiquette expert underlines importance of gifts
Arab Today, arab today Fighters celebrate Raqa victory

GMT 06:07 2017 Wednesday ,18 October

Fighters celebrate Raqa victory
Arab Today, arab today Hiring not part of Alibaba pledge

GMT 11:26 2017 Wednesday ,18 October

Hiring not part of Alibaba pledge
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Sidem reveals plan to improve education

GMT 15:52 2017 Friday ,06 October

Sidem reveals plan to improve education
Arab Today, arab today British actress becomes fifth woman

GMT 18:15 2017 Monday ,16 October

British actress becomes fifth woman
Arab Today, arab today Climate-disrupting volcanoes helped topple

GMT 16:00 2017 Wednesday ,18 October

Climate-disrupting volcanoes helped topple
Arab Today, arab today The history of solar eclipses

GMT 05:16 2017 Sunday ,20 August

The history of solar eclipses
Arab Today, arab today Mercedes says recalls 400,000 UK cars

GMT 06:56 2017 Tuesday ,17 October

Mercedes says recalls 400,000 UK cars
Arab Today, arab today Britain's Vauxhall to cut 400 jobs

GMT 10:53 2017 Sunday ,15 October

Britain's Vauxhall to cut 400 jobs
Arab Today, arab today Dalal Abdel Aziz happy for “Seventh Neighbor”

GMT 09:31 2017 Monday ,16 October

Dalal Abdel Aziz happy for “Seventh Neighbor”
Arab Today, arab today Three killed, 360,000 without power

GMT 05:11 2017 Tuesday ,17 October

Three killed, 360,000 without power

GMT 12:33 2017 Friday ,13 October

Anoshka happy for reactions to her talk show

GMT 10:37 2017 Thursday ,12 October

Cara Delevingne accuses Weinstein

GMT 16:53 2017 Saturday ,02 September

Mai importance of gifts during Eid Al-Adha

GMT 18:49 2017 Monday ,16 October

India to close colonial-era military farms

GMT 10:46 2017 Saturday ,05 August

Nanis reveals simple ideas for home renovation

GMT 23:42 2017 Monday ,16 October

Better Marriages Make

GMT 07:02 2017 Sunday ,15 October

German minister sparks uproar

GMT 17:12 2017 Monday ,07 August

Al-Shawaifi reveals secrets of total solar eclipse

GMT 03:59 2017 Sunday ,15 October

US mobile carriers Sprint, T-Mobile to merge

GMT 11:37 2017 Saturday ,12 August

Fashion designer reveals her new collection
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday