Asian markets close week mixed, Europe mostly down

Hang Seng performs best for day, soaring 1.82%

Ovunc Kutlu   | 07.01.2022
Asian markets close week mixed, Europe mostly down


Asian stock exchanges closed the week on a mixed note on Friday, while European indices were mostly in negative territory except Borsa Italiana.

The Asia Dow, which includes blue-chip companies in the region, was up almost 30 points, or 0.8%, to 3,789 at 1020GMT.

Tokyo's Nikkei 225 stock exchange, on the other hand, dropped 9 points, or 0.03%, to 28,478. China's Shanghai stock exchange decreased by 6 points, or 0.18%, to 3,579 points.

Hang Seng, the benchmark for blue-chip stocks trading on the Hong Kong stock exchange, was the best performer of the day, soaring 420 points, or 1.82%, to 23,493.

The Indian Sensex benchmark posted a gain of 142 points, or 0.24%, to close at 59,744, while 
the Singapore index also rose 20 points, or 0.66%, to reach 3,205.

European markets

All major European indices were in negative territory at the time, except Italy, as the euro area annual inflation is expected to be at an all-time high level of 5% in December 2021, according to a flash estimate from Eurostat earlier.

The STOXX Europe 600, which includes around 90% of the market capitalization of the European market in 17 countries, was down by 1.28 points, or 0.26%, to 486.90 at 1020GMT.

London's FTSE 100 was flat at 7,450, while Germany's DAX index was down 55 points, or 0.34%, to 15,997.

The French CAC 40 lost 4 points, or 0.06%, to 7,244 points. Spain's IBEX 35 also dropped by 48 points, or 0.55%, to 8,741 points.

Italy's FTSE MIB was the only gainer in Europe at the time, rising 111 points, or 0.4%, to stand at 27,750 points.

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