Wed, 02 Dec 2020

SYDNEY, NSW, Australia - Stocks in Asia were mixed on Friday.

In Japan and Australia sellers had the upper hand, while in mainland China and Hong Kong, buyers were asserting their authority.

The U.S. dollar remained under pressure, but little changed from its New York close.

The Nikkei 225 in Tokyo fell 106.97 points or 0.42 percent to close at 25,527.27.

The Australian All Ordinaries lost 2.80 points or 0.04 percent to 6,739.90.

China's Shanghai Composite gained 14.64 points or 0.44 percent to 3,377.73.

Hong Kong's Hang Seng added 60.12 points or 0.23 percent to 26,417.09.

The euro inched up to 1.1884 by the close in Sydney on Friday. The British pound was well bid in the Asian session, last quoted at 1.3281. The Japanese yen was little changed at 103.79. The Swiss franc advanced to 0.9097.

The Canadian dollar edged up to 1.3069. The New Zealand dollar was slightly stronger at 0.6927. The Australian dollar was unchanged at 0.7294.

Overnight on Wall Street, the Dow Jones index was ahead 44.81 points or 0.15 percent at 29,483.23.

The Nasdaq Composite was the best performer, rising 103.11 points or 0.87 percent to 11,904.71.

The Standard and Poor's 500 gained 14.07 points or 0.39 percent to 3,581.86.

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