Japanese stocks cheer up while Asian markets trading mixed

December 20th, 2007

The Japanese Stock Market that saw trouble yesterday opened with cheer this morning. Japanese Banking stocks lead the cheer breaking the six day losing streak. Nikkei 225 is up about 76 points or 0.51% though high volatility is still because of smaller stocks. Shanghai Composite is the biggest gainer in the Asian stocks with a 1.69% move upwards. Hang Seng, Jakarata Composite, NZSE 50, Seoul Composite are trading positive while Taiwan Weighted, Straits Times, KLSE Composite and All Ordinaries are marginally in the red.

Meanwhile the US markets too closed in mixed yesterday. NYSE Composite is down 0.17%, S&P 500 us down 0.14% while NASDAQ Composite is up 0.19%

Entry Filed under: Global Markets

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