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Nov. 22, 2018, 3:46 a.m. EST

Asian markets struggle in holiday-driven trade; Nikkei recovers

Ho-hum trading ahead of Thanksgiving holiday in U.S.

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By Dow Jones Newswires


Getty Images/iStockphoto
Pedestrians traverse the busy Shibuya crossing in Tokyo.

Asian stock markets logged a mixed session on Thursday, struggling for direction in thin action ahead of the Thanksgiving holiday in the U.S.

Japan’s Nikkei /zigman2/quotes/210597971/delayed JP:NIK +1.70%   finished up 0.6%, but banks were under pressure, with Mitsubishi UFJ /zigman2/quotes/207520099/delayed JP:8306 +2.43% down 1.4% and Sumitomo Mitsui /zigman2/quotes/203656770/delayed JP:8316 +1.73%   eased 0.2%. On the positive side, beer maker Sapporo Holdings /zigman2/quotes/200413497/delayed JP:2501 +4.22%   surged 7% .

Hong Kong stocks trimmed an early solid lead, with losses for Chinese wireless firms. The Hang Seng Index /zigman2/quotes/210598030/delayed HK:HSI +2.00%  closed up 0.2%, with China Mobile /zigman2/quotes/200868736/delayed HK:941 +0.56%   and Unicom /zigman2/quotes/205091392/delayed HK:762 +0.93%   both posting modest drops. Energy shares were again lower, while Tencent /zigman2/quotes/204605823/delayed HK:700 +2.04%   gained over 1%.

The Shanghai Composite /zigman2/quotes/210598127/delayed CN:SHCOMP +0.11%   closed down 0.2%, and the smaller-cap Shenzhen Composite /zigman2/quotes/210598015/delayed CN:399106 -0.65%  lost 0.6%.

Malaysia’s benchmark index /zigman2/quotes/210598052/delayed MY:FBMKLCI +0.21%   finished flat as budget airline AirAsia X    tumbled 4%after posting its biggest quarterly earnings loss in three years. South Korea’s Kospi /zigman2/quotes/210598069/delayed KR:180721 +1.29%  eased 0.3%, while Taiwan’s benchmark   lost 0.3% and Singapore /zigman2/quotes/210597985/delayed SG:STI +1.24%   ended flat.

Australia’s ASX 200 /zigman2/quotes/210598100/delayed AU:XJO +1.88%   ended little changed after hitting its worst levels since February 2017 on Wednesday. New Zealand’s benchmark /zigman2/quotes/211587880/delayed NZ:NZ50GR +0.91%   closed up 0.4%.

— Barbara Kollmeyer contributed to this report

/zigman2/quotes/210597971/delayed
JP : Nikkei
22,573.66
+378.28 +1.70%
Volume: 0.00
Aug. 4, 2020 3:15p
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/zigman2/quotes/207520099/delayed
JP : Japan: Tokyo
¥ 412.40
+9.80 +2.43%
Volume: 64.48M
Aug. 4, 2020 3:00p
P/E Ratio
10.13
Dividend Yield
6.06%
Market Cap
¥5169.64 billion
Rev. per Employee
¥50.52M
loading...
/zigman2/quotes/203656770/delayed
JP : Japan: Tokyo
¥ 2,904.00
+49.50 +1.73%
Volume: 6.26M
Aug. 4, 2020 3:00p
P/E Ratio
6.93
Dividend Yield
6.54%
Market Cap
¥3911.96 billion
Rev. per Employee
¥79.40M
loading...
/zigman2/quotes/200413497/delayed
JP : Japan: Tokyo
¥ 1,927.00
+78.00 +4.22%
Volume: 334,500
Aug. 4, 2020 3:00p
P/E Ratio
N/A
Dividend Yield
2.18%
Market Cap
¥144.03 billion
Rev. per Employee
¥66.04M
loading...
/zigman2/quotes/210598030/delayed
HK : Hong Kong Exchange
24,946.63
+488.50 +2.00%
Volume: 1.91M
Aug. 4, 2020 4:08p
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/zigman2/quotes/200868736/delayed
HK : Hong Kong
HK$ 54.20
+0.30 +0.56%
Volume: 20.55M
Aug. 4, 2020 4:08p
P/E Ratio
9.21
Dividend Yield
6.00%
Market Cap
HK$1103.63 billion
Rev. per Employee
HK$1.88M
loading...
/zigman2/quotes/205091392/delayed
HK : Hong Kong
HK$ 4.34
+0.04 +0.93%
Volume: 28.55M
Aug. 4, 2020 4:08p
P/E Ratio
10.29
Dividend Yield
3.73%
Market Cap
HK$131.57 billion
Rev. per Employee
HK$1.29M
loading...
/zigman2/quotes/204605823/delayed
HK : Hong Kong
HK$ 550.00
+11.00 +2.04%
Volume: 20.18M
Aug. 4, 2020 4:08p
P/E Ratio
49.52
Dividend Yield
0.22%
Market Cap
HK$5120.14 billion
Rev. per Employee
HK$8.27M
loading...
/zigman2/quotes/210598127/delayed
CN : China: Shanghai
3,371.69
+3.72 +0.11%
Volume: 44.23B
Aug. 4, 2020 3:01p
loading...
/zigman2/quotes/210598015/delayed
CN : Shenhzen Stock Exchange
2,300.50
-14.94 -0.65%
Volume: 56.73B
Aug. 4, 2020 3:00p
loading...
/zigman2/quotes/210598052/delayed
MY : Malaysia
1,575.94
+3.33 +0.21%
Volume: 0.00
Aug. 4, 2020 5:05p
loading...
/zigman2/quotes/210598069/delayed
KR : Korea Exchange
2,279.97
+28.93 +1.29%
Volume: 722,906
Aug. 4, 2020 3:32p
loading...
/zigman2/quotes/210597985/delayed
SG : Singapore: SGX
2,515.70
+30.79 +1.24%
Volume: 0.00
Aug. 4, 2020 5:20p
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/zigman2/quotes/210598100/delayed
AU : S&P ASX
6,037.60
+111.50 +1.88%
Volume: 692,277
Aug. 4, 2020 5:00p
loading...
/zigman2/quotes/211587880/delayed
NZ : New Zealand: NZX
11,771.72
+105.63 +0.91%
Volume: 0.00
Aug. 4, 2020 5:00p
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