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Asia Mixed as Oil Rout Continues


Stocks in Asia Pacific were mixed on Wednesday as oil prices continued to see weakness.

In Japan, the Nikkei 225 index dropped 142.83 points, or 0.7%, to 19,137.95. The Japanese yen traded at 107.59 per U.S. dollar after touching an earlier low of 107.86.

In Hong Kong, the Hang Seng index pointed higher 99.81 points, or 0.4%, to 23,893.36.

The Australian dollar changed hands at $0.6331 following a decline from levels above $0.635 seen earlier this week.

In other markets

In Shanghai, the CSI 300 recovered 31.33 points, or 0.8%, to 3,839.38

In Korea, the Kospi index gained 16.77 points, or 0.9%, to 1,896.15.

In Taiwan, the Taiex Index moved up 19.32 points, or 0.2%, to 10,307.74

In Singapore, the Straits Times Index lost 1.88 points, or 0.1%, to 2,550.04.

In Australia, the ASX 200 dished off 0.05 points to 5,221.25.

In New Zealand, the NZX 50 dumped 118.20 points, or 1.1%, to 10,417.67.