Fri, 20 Sep 2019

Stocks move sideways in Asia Tuesday

Lola Evans
10 Sep 2019, 18:07 GMT+10

SYDNEY, Australia - Stocks in Asia were steady on Tuesday with moves limited in either direction, a mirror image to what happened on Wall Street overnight.

The U.S. dollar gained ground against the yen, the Swiss franc, the Canadian dollar, and the British pound.

At the close on Tuesday, the Nikkei 225 in Japan was ahead 73.68 points or 0.35% at 21,392.10.

In China, the Shanghai Composite was down 3.54 points or 0.12% at 3,021.20.

The Australian All Ords fell 32.10 points or 0.47% to 6,728.00.

On foreign exchange markets the euro last traded at 1.1042 around the close in Sydney on Tuesday.

The pound was easier at 1.2315. The Japanese yen continued lower to 107.29. The Swiss franc edged down to 0.9917.

The Canadian dollar eased to 1.3187. The Australian and New Zealand dollars were a fraction higher at 0.6864 and 0.6426 respectively.

Overnight on Wall Street, the Dow Jones Industrial Average gained 38.05 points, or 0.14%, at 26,835.51.

The Standard and Poor's 500 dipped 0.28 of a point, or 0.01%, to 2,978.43.

The Nasdaq Composite slipped 15.64 points, or 0.19%, to 8,087.44.

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