Tue, 27 Oct 2020

SYDNEY, NSW, Australia - Stocks were mixed in Asia on Friday however movements in either direction were limited.

The main interest continued on concerns in Europe over the surging coronavirus. Spikes in France and the UK have caused authorities to impose new, and tighten existing, restrictions.

In Tokyo, the benchmark Nikkei share average retreated 96.60 points or 0.41 percent to 23,410.63. The broader Topix lost 0.86 percent to 1,617.69.

In Hong Kong, the Hang Seng index jumped 265.89 points or 1.10 percent to 24,424.45.

China's Shanghai Composite added 4.18 points or 0.13 percent to 3,336.36.

The Australian All Ordinaries softened to lose 29.20 points or 0.46 percent to 6,385.00.

The `U.S. dollar made a little ground against the euro on Friday, but was little changed against other major currencies.

The euro dipped to 1.1709 by the Sydney close. The British pound was steady at 1.2912. The Japanese yen was a few points higher at 105.29. The Swiss franc was unchanged at 0.9154.

The Canadian dollar was weak at 1.3209. The Australian dollar slipped a fraction to 0.7088. The New Zealand dollar was little changed at 0.6603.

Overnight on Wall Street, the Dow Jones Industrial Average fell 19.80 points, or 0.07 percent, to 28,494.20. The S&P 500 declined 5.33 points, or 0.15 percent, to 3,483.34. The Nasdaq Composite Index decreased 54.86 points, or 0.47 percent, to 11,713.87.

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