Asian shares slightly gained after a series of declines


(MENAFN– ecpulse)

Asian stocks managed to maintain a two-day incline in Thursday early trades backed by health companies. The MSCI Asia Pacific Index is still showing no clear direction and settled at 138.98 as of 9:28 AM in Tokyo.

BHP Billiton Ltd, the world`s largest mining company, dropped 1.2 percent in Sydney, while Rakuten Inc fell 2.7 percent in Tokyo, after its rating was lowered by Goldman Sachs Group Inc. Yet, Mazda Motor Corp climbed 2.4 percent as the yen weakened for the third day against major currencies, giving more support to exports.

Moreover, the regional gauge was little changed today, after it climbed 0.8 percent in the past two days, after recording the first fall in more than one month earlier this week.

Japan`s Topix Index climbed 0.4 percent, following a 1.5 percent gain yesterday, while South Korea`s Kospi index rose 0.3 percent. Australia`s S&P/ASX 200 index slid 0.5 percent, while New Zealand`s NZX50 Index rose 0.2 percent.


Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.