Get 40% Off
🚨 Volatile Markets? Find Hidden Gems for Serious OutperformanceFind Stocks Now

Asian shares mixed with all eyes on the European Central Bank

Published 06/05/2014, 12:48 AM
Updated 06/05/2014, 12:52 AM
Asian shares mixed

Investing.com - Asian sahres were mixed on Thursday as investors took a wait-and-see approach before the European Central Bank makes its expected announcement on policy later in the global trading day.

Japan's Nikkei 225 rose 0.05%, while China's Shanghai Composite was down 0.4%, the Hang Seng index edged 0.21% lower and South Korea's benchmark KOSPI was 0.7% stronger.

The Nikkei is currently on its hottest buying streak of the year, rising in 10 of the last 11 sessions and gaining over 7.3% in the process.

HSBC China May Services PMI data, published during the Asia morning trading session, came in at 50.7, somewhat lower than April's 51.4, but did not appear to have a meaningful impact on markets.

At the close of U.S. trade on Wednesday, the Dow 30 rose 0.09%, the S&P 500 index gained 0.19%, while the NASDAQ Composite index climbed 0.36%.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.