Mixed Trading Across Global Mkts
France and Hong Kong ended higher; Australia, Shanghai slipped and Britain remain unchanged; Wall St retreated around 1% on Mon; Tokyo, Seoul and Germany were closed for holidays
Mixed Trading Across Global Mkts
Tokyo: Global markets shares were mixed on Tuesday, with trading closed in Tokyo and Seoul for New Year holidays.France’s CAC 40 rose nearly 0.1 per cent to 7,307.87, while Britain’s FTSE 100 was little changed at 8,119.65. German markets are closed on New Year’s Eve and January 1 with trading set to continue Thursday. The future for the S&P 500 edged 0.2 per cent higher while that for the Dow Jones Industrial Average was up 0.1 per cent.
Australia’s S&P/ASX 200 in Sydney skidded 0.9 per cent to 8,159.10. Hong Kong’s Hang Seng added nearly 0.1 per cent to 20,059.95, while the Shanghai Composite lost 1.6 per cent to 3,351.76 after Chinese manufacturing data seemed to show that Beijing’s stimulus measures have not done enough to boost the nation’s sluggish economy. China’s Purchasing Managers’ Index, based on a survey of factory managers, slipped to 50.1 in December from 50.3 the previous month, the National Bureau of Statistics said Tuesday.
It was the third straight monthly reading above 50, a level that indicates an expansion of manufacturing activity. Trading is set to resume in Tokyo on January 6, as markets will stay closed for the rest of the week for the New Year holidays. South Korean markets will be closed for New Year’s Day and resume trading Thursday. US markets will be closed on Wednesday.
