Asian stock markets logged a mixed session on Thursday, struggling for direction in thin action ahead of the Thanksgiving holiday in the U.S.
finished up 0.6%, but banks were under pressure, with Mitsubishi UFJ
down 1.4% and Sumitomo Mitsui
eased 0.2%. On the positive side, beer maker Sapporo Holdings
surged 7% .
Hong Kong stocks trimmed an early solid lead, with losses for Chinese wireless firms. The Hang Seng Index
closed up 0.2%, with China Mobile
both posting modest drops. Energy shares were again lower, while Tencent
gained over 1%.
The Shanghai Composite
closed down 0.2%, and the smaller-cap Shenzhen Composite
Malaysia’s benchmark index
finished flat as budget airline AirAsia X
tumbled 4%after posting its biggest quarterly earnings loss in three years. South Korea’s Kospi
eased 0.3%, while Taiwan’s benchmark
lost 0.3% and Singapore
Australia’s ASX 200
ended little changed after hitting its worst levels since February 2017 on Wednesday. New Zealand’s benchmark
closed up 0.4%.
— Barbara Kollmeyer contributed to this report
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