Asian markets trading mixed - January 4, 2008
January 4th, 2008
The Asian Markets are trading mixed today. The Nikkei 225 is down 4.03% and has shed 616 odd points. Other markets KLSE Composite, NZSE 50 and Taiwan Weighted are marginally in the red. Today is the first trading day of 2008 for Nikkei. The hard hit is largely attributed to losses of Japanese exporting giants Nissan and Sony because of US economic health.
On the other hand, All Ordinaries, Shanghai Composite, Hang Seng, Jakarta Composite, Straits Times, Seoul Composite are in the green.
Earlier the US markets closed in the red. NYSE Composite is down by 0.95%. NASDAQ Composite and S&P 500 are down by over a percentage point.
Entry Filed under: Equities, Global Markets
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