Tue, 19 Jan 2021

Shanghai and Hong Kong stock indices dive

Lola Evans
17 May 2019, 18:28 GMT+10

<p>SYDNEY, Australia - Asian stock markets were mixed on Friday with Japanese and Australian bourses moving higher, while in China, the major indices fell deep into negative territory.</p><p>The U.S. dollar was little changed, although it stregnthened again against sterling.</p><p>At the close of trading in Tokyo on Friday the Nikkei 225 was ahead 187.11 points or 0.89% at 21,250.09.</p><p>The Australian All Ordinaries gained 42.70 points or 0.67% to 6,460.20.</p><p>In China, the Shanghai Composite weakened&nbsp; sharply, losing 73.48 points or 2.48% to 2,882.30.</p><p>In Hong Kong, the Hang Seng dived 289.35 points or 1.02% to 27,985.72.</p><p>The British pound continued lower, last being quoted around the Sydney close at 1.2785.</p><p>The euro remained at its New York close of 1.1176.</p><p>The Japanese yen and Swiss franc each gained a fraction, to 109.66 and 1.0088 respectively.</p><p>The Canadian dollar dipped to 1.3474, while the Australian and New Zealand dollars slipped to 0.6882 and 0.6537.</p><p><a href="https://www.bignewsnetwork.com/news/261054859/us-stocks-and-dollar-in-upward-spiral">Overnight on Wall Street</a>, the Dow Jones Industrial Average rose 214.72 points or 0.84% to 25,862.74.</p><p>The Standard and Poor&#39;s 500 advanced 25.37 points or 0.89% to 2,876.33.</p><p>The Nasdaq Composite climbed 75.90 points or 0.97% to 7,898.05.</p>

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