22:47
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Asian markets traded mixed Wednesday, with losses in energy plays amid fresh oil-price declines counterbalanced by gains in Japan shares as traders hoped for more stimulus from the central bank.
Oil shares around the region lost ground after crude oil futures settled at a two-month low of USD 43.20 a barrel, down 78 cents, in US trade overnight. Japan’s Inpex shed 1.1 percent.
Japan shares were higher, with the Nikkei index tacking on 0.65 percent.
In Korea, the benchmark Kospi index slipped 0.2 percent. Bucking the trend, LG Chem jumped 5.5 percent after the Nikkei Asian Review reported that the company was in talks with Tesla to supply batteries for the U.S. company’s electric cars. In Japan, Tesla’s current supplier, Panasonic, shed 3.0 percent.
For more information ✆ – 0731-6642300 or Visit http://ift.tt/1k8NnLH
Oil shares around the region lost ground after crude oil futures settled at a two-month low of USD 43.20 a barrel, down 78 cents, in US trade overnight. Japan’s Inpex shed 1.1 percent.
Japan shares were higher, with the Nikkei index tacking on 0.65 percent.
In Korea, the benchmark Kospi index slipped 0.2 percent. Bucking the trend, LG Chem jumped 5.5 percent after the Nikkei Asian Review reported that the company was in talks with Tesla to supply batteries for the U.S. company’s electric cars. In Japan, Tesla’s current supplier, Panasonic, shed 3.0 percent.
For more information ✆ – 0731-6642300 or Visit http://ift.tt/1k8NnLH
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