20 Apr 2009

Asia Pacific markets show mixed start to week

10:50 pm on 20 April 2009

Markets in Asia and the Pacific were mixed at the start of the trading week.

Japanese share prices closed up 0.19% on Monday, rebounding from early profit-taking as investors remained hopeful of a recovery in the global economy.

The Nikkei-225 index rose 17.17 points to 8,924.75. The broader Topix index of all first section shares gained 2.73 points, or 0.32%, to 848.30.

The Australian share market has closed slightly lower, with losses by the major miners dragging the main indices into the red.

At 1615 AEST the benchmark S&P/ASX200 index was down 7.7 points, or 0.2%, at 3,769 points, while the broader All Ordinaries lost 5.8 points, or 0.16%, to 3,722.3.

The NZX top 50 index closed down 12 points to 2698 on turnover of $61 million.

Top stock were all down. Telecom lost 4 cents to close at $2.50. Contact Energy lost 1c to $5.78. Fletcher Building lost 21c to $6.55.