Asian markets mostly mixed, Nikkei boosted on weaker yen

FXStreet (Mumbai) – Asian markets traded mostly mixed on Thursday, with Japan holding gains as the weaker yen supported exporters’ stocks, driving Nikkei 0.40% higher at 20675.

The benchmark Australian S&P/ASX 200 index edged -0.25 lower at 5600 points, with most miners trading lower on the tumbling metals prices.

While Chinese equities edged higher with Hong Kong’s benchmark Hang Seng index 0.89% higher at 25,520 while mainland China’s benchmark Shanghai Composite advancing nearly 1% to trade at 4065.

Nikkei Technical Levels

The index has an immediate resistance stands at 20865. Meanwhile, support is seen at 20522 levels and from here to 20431.

Asian markets traded mostly mixed on Thursday, with Japan holding gains as the weaker yen supported exporters’ stocks, driving Nikkei 0.40% higher at 20675.

(Market News Provided by FXstreet)