Saudi- Asian shares mostly lower despite US stocks' gains


(MENAFN- Saudi Press Agency)
MANILA, 04 Ramadan,1437 AH, 09 June,2016 , SPA -- Asian shares were mostly lower Thursday despite gains on Wall Street as a weaker dollar negatively impacted Japanese stocks and investors weighed risks given the Federal Reserve''s cautious stance about tightening rates, AP reported.
Financial markets were closed for holidays in China, Hong Kong and Taiwan.
Japan''s Nikkei 225 shed 0.8 percent to 16,704.63. Australia''s S&P ASX 200 slipped was almost unchanged at 5,368.60. South Korea''s KOSPI was 0.5 percent lower at 2,016.29. The Philippines'' PSE index was down 0.8 percent at 7,651.78, Singapore''s FTSE Strait Times index was up 0.5 percent at 2,878.91.
-- SPA
11:22 LOCAL TIME 08:22 GMT


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