Investing.com - Financial Markets Worldwide

Asian shares mixed with Nikkei up on jobs, Shanghai down on money market

Published 01/29/2015, 11:56 PM
Updated 01/29/2015, 11:58 PM
Asian shares mixed
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Investing.com - Asian shares were mixed Friday on ongoing concerns about global growth.

Japan's Nikkei 225 rebounded about 1% in early trade as the availability of jobs in Japan rose to the highest level in more than two decades and the jobless rate fell in December, while core consumer prices excluding an April sales tax hike were still lagging the Bank of Japan's 2 per cent inflation goal.

The Hang Seng index gained 0.29%, while the Shanghai Composite was off nearly 1% as investors noted mild turbulence in China's money market.

Overnight, U.S. stocks were higher after the close on Thursday, as gains in the Utilities, Consumer Goods and Technology sectors led shares higher.

At the close in New York, the Dow Jones Industrial Average rose 1.31%, while the S&P 500 index added 0.95%, and the NASDAQ Composite index added 0.98%.

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