Asian stocks trade narrowly mixed as dollar holds onto gains [CNBC]
SJM HLDGS LTD UNSP/ADR (SJMHY)
NASDAQ:AMEX Investor Relations:
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Source: CNBC
Asian stocks trade narrowly mixed as dollar holds onto gains Asian stocks were narrowly mixed in early Wednesday trade following the mixed close on Wall Street as several markets in the region re-opened for trade after a holiday. Japan's Nikkei 225 edged down by 0.14 percent, with the broader Topix also recording slight weakness and trading lower by 0.23 percent as its mining and oil subindexes led losses in the morning. Elsewhere, the Kospi slipped 0.1 percent and the smaller Kosdaq declined 0.82 percent. Down Under, the S&P/ASX 200 bucked the downward trend in the region to gain 0.16 percent as the industrials and information technology sectors gained. The heavily weighted financials subindex shed 0.49 percent, as all of Australia's "Big Four" banks traded in the red. On the corporate front, earnings from Standard Chartered and SJM Holdings are due later in the day. The tepid moves in early trade came on the back of a mixed session on Wall Street: The Nasdaq composite advanced 0.91
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