Stock market today: Asian shares mostly decline after mixed Wall Street finish
Asian shares are mostly lower after a mixed finish on Wall Street, although export-related Tokyo stocks got a boost from a strengthening dollar
By YURI KAGEYAMA
Published - Jan 05, 2024, 01:39 AM ET
Last Updated - Jan 05, 2024, 01:39 AM EST
TOKYO (AP) — Asian shares mostly declined Friday, after a mixed finish on Wall Street, although export-related Tokyo stocks got a boost from a strengthening dollar.
Benchmarks rose in Tokyo but fell in Sydney, Seoul, Hong Kong and Shanghai.
The yen has weakened amid speculation that the Bank of Japan might go slowly on changing its lax policy stance as it assesses the impact of Monday’s major earthquake in central Japan.
The U.S. dollar rose to 145.23 Japanese yen from 144.63 yen. The euro fell to $1.0930 from $1.0947.
