Asia stock markets mixed, Japan's Nikkei jumps

 
No Author Published: January 24, 2013    Comment on this article Leave a comment

photo - Pedestrians look at an electronic stock board of a securities firm in Tokyo, Friday, Jan. 25, 2013.  Japan’s benchmark stock index jumped about 2 percent Friday after the country’s currency continued to slide against the dollar. (AP Photo/Koji Sasahara)
Pedestrians look at an electronic stock board of a securities firm in Tokyo, Friday, Jan. 25, 2013. Japan’s benchmark stock index jumped about 2 percent Friday after the country’s currency continued to slide against the dollar. (AP Photo/Koji Sasahara)

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Hong Kong's Hang Seng lost 0.4 percent to 23,506.29. Australia's S&P/ASX 200 rose 0.4 percent to 4,831.20.

Among individual stocks, Japan's Sony Corp. jumped 8.4 percent and Toshiba Corp. advanced 5.8 percent.

South Korea's Samsung Electronics, which said the strong won will hurt its earnings this year, fell 2.5 percent. South Korean carmaker Hyundai Motor Co. shed 3.9 percent.

On Wall Street, a sharp drop in Apple's stock pulled the Nasdaq down after the tech giant warned of weaker sales. Other stock market indexes posted slight gains.

The Dow Jones industrial average rose 0.3 percent to close at 13,825.33. The Standard & Poor's 500 index rose less than 0.1 percent to 1,494.82. The Nasdaq composite lost 0.7 percent to 3,130.38.

Benchmark oil for March delivery was down 18 cents to $95.77 per barrel in electronic trading on the New York Mercantile Exchange. The contract gained 72 cents to finish at $95.95 a barrel on the Nymex on Thursday.

In currencies, the euro fell to $1.3361 from $1.3371 late Thursday in New York. The dollar rose to 90.47 yen from 89.96 yen.

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Follow Pamela Sampson on Twitter at http://twitter.com/pamelasampson

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