Wednesday, August 5, 2015

Asian stocks mostly lower

Asian stock markets were mostly lower Thursday as jitters about China's economy and upcoming US jobs data kept buying appetite in check. Japan's benchmark Nikkei 225 added 0.8 per cent to 20,774.90 while Australia's S&P/ASX 200 lost 0.9 per cent to 5,623.70. South Korea's Kospi fell 0.5 per cent to 2,019.64. Hong Kong's Hang Seng dipped 0.5 per cent to 24,382.56 and the Shanghai Composite inched down 0.3 per cent to 3,684.79. Benchmarks in Taiwan, Indonesia, the Philippines and New Zealand also fell. Benchmark US crude was unchanged at $45.15 a barrel in electronic trading on the New York Mercantile Exchange. The contract fell 59 cents to close at $45.15 a barrel in New York on Wednesday, hitting its lowest price since March. Brent crude, an international benchmark, rose 13 cents to $49.72 in London. The dollar was trading at 124.74 yen, up from 124.44 yen on Wednesday. The euro rose to $1.0908 from $1.0903, according to AP.



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