Asia Markets Mixed, with Nikkei Advancing and Shanghai Falling - Dollar Advisory & Financial Services

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Tuesday 12 April 2016

Asia Markets Mixed, with Nikkei Advancing and Shanghai Falling

Asia markets were mixed in mid-morning trade on Tuesday after a lower finish in US equities overnight ahead of earnings season. Australia's ASX 200 was up 0.55 percent, with the heavily-weighted financials subindex advancing 0.98 percent.


The country's so-called Big Four banks - ANZ, Commonwealth Bank of Australia, Westpac and NAB - traded up between 0.89 and 2.53 percent. In recent weeks, the banking stocks had come under pressure over concerns of bad debts due to their exposure to the energy and resources sectors.


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