Monday, 28 November 2016

Asia markets open mixed; Nikkei down, Kospi and ASX trade flat

Asia markets were mixed on Tuesday, taking cues from the US where a post-election rally appeared to stumble.

In Japan, the Nikkei 225 opened down 0.41 percent, while the Topix fell 0.34 percent.

In South Korea, the Kospi was flat at 1,977.69, with shares of electronics giant Samsung up 0.18 percent. The smartphone maker said in a statement on Tuesday it was reviewing if it should transition to a holding company structure.

The Dow Jones industrial average closed 54.24 points, or 0.28 percent, lower at 19,097.90. The S&P 500 index fell 11.63 points, or 0.53 percent, to close at 2,201.72, while the Nasdaq dropped 30.11 points, or 0.56 percent, to end at 5,368.81.

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