Asia mixed after Wall Street slides as investors focus on Jackson Hole; dollar firms

Stocks in Asia were mixed on Friday after Wall Street slipped on uncertainty in Washington while investors anticipated an annual central banking symposium in Jackson Hole.

Japan’s Nikkei 225 rose 0.35 percent, with gains in automakers, trading houses and financials driving the broader rise in the index. Across the Korean strait, the Kospi traded just below the flat line, falling 0.03 percent.

Hong Kong’s Hang Seng Index rose 0.20 percent. On the mainland, the Shanghai Composite tacked on 0.77 percent and the Shenzhen Composite was higher by 0.507 percent.

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Posted in: Indian Market Tips