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Asian stock markets showed a mixed trend. The Japanese stock market was closed for a public holiday. The Chinese stock indexes were up due to speculation that the government will take steps to boost the economy.
Indexes on the close:
Nikkei 225 closed
Hang Seng 22,453.89 + 321.36 +1.45%
Shanghai Composite 2,020.34 +16.85 +0.84%
Newcrest Mining dropped 3.1% caused by the price decline of the bullion.
Samsung Electronics declined 2% after reporting its weaker-than expected quarter results.LG Electronics shares climbed almost 4%. The company’s operating profit increased 44% on a year earlier.
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