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Asian Market Update

Thursday, 13 November 2014


Asian markets were mixed Thursday after a record-breaking rally on Wall Street finally came to an end, while investors await the release of key Chinese data later in the day.

Japanese shares extended their run upwards thanks to the weaker yen, with attention turning to Prime Minister Shinzo Abe as speculation swirls that he may put off a planned sales tax hike and call a snap general election.

Tokyo added 0.26 per cent by lunch, Hong Kong and Shanghai were flat and Seoul was up 0.28 per cent while Sydney dipped 0.27 per cent.

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