Asian indexes trade mixed as China markets look to bounce back

Asian markets were mixed, following a relatively quiet overnight trading session as US markets had been closed for the Thanksgiving holiday. Investors also kept an eye on Chinese markets, which bounced back after taking a tumble in the last session.

Japan’s Nikkei 225 was lower by 0.47 percent as markets reopened for trade after a day off. Losses were seen in trading houses, banks, manufacturing and retail names. Technology stocks were a mixed picture: Nintendo rose 1.98 percent, SoftBank Group edged up 0.46 percent and Sharp was down 0.98 percent.

Across the Korean Strait, the Kospi tacked on 0.03 percent, with tech heavyweight Samsung Electronics off by 0.07 percent. Brokerages and financials were slightly lower.

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Posted in: Indian Market Tips