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Tokyo exporters drop as Sydney oil stocks rise

HONG KONG (MarketWatch) — Asian markets were mixed early Monday, with Japanese stocks sliding on exporters such as Toyota Motor Corp. on a strengthened yen, while higher crude oil prices lifted Australian energy producers such as BHP Billiton . Japan’s Nikkei 225 Average fell 0.6% to 13,575.32 and the broader Topix index shed 0.9% to 1,329.87. Australia’s S&P/ASX 200 rose 0.8% to 5,816.10, while New Zealand’s NZX 50 index advanced 0.4% to 3,616.66. South Korean markets were closed for a holiday.
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Original post by Forextvblog

This entry was posted on Sunday, May 11th, 2008 at 8:32 pm and is filed under Daily Forex Analysis. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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