Stock markets in Asia have mixed day, NZ bourse jumps 130 points
The biggest gainer was New Zealand’s S & P / NZX 50 which rose 130.31 points or 1.10 percent to 11,966.19.
In Tokyo, the Nikkei 225 decelerated by 232.76 points or 0.86 percent to 27,217.75.
China’s Shanghai Composite dropped 42.98 points or 1.35 percent to 3,351.05.
The Australian All Ordinaries added just 1.70 points or 0.02 percent to 7,869.60.
South Korea’s Kospi Composite inched down 0.20 of a single point or 0.01 percent to 2,718.69.
The Hang Seng in Hong Kong was still trading at the time of writing, down around 100 points.
The US dollar drifted lower against the majors on a bout of profit-taking. The commodity currencies however made hay during the Asian trading session, grounding the greenback lower.
The euro swelled to 1.0814 around the Sydney close Wednesday. The British pound edged up to 1.3016. The Japanese yen remained weak but off its lows at 128.59. The Swiss franc was soft but steady at 0.9500.
The Canadian dollar jumped to 1.2575. The Australian dollar was sharply higher at 0.7422. The New Zealand dollar advanced to 0.6768.
Overnight on Wall Street, the Nasdaq Composite did best percentage-wise, jumping 287.30 points or 2.15 percent to 13,619.66.
The Dow Jones industrialists rallied 499.51 points or 1.45 percent to 34,911.20.
The Standard and Poor’s 500 gained 70.52 points or 1.61 percent to 4,462.21.