26 Dec '11, 12pm

Asian markets mixed on thin Boxing Day trade

HONG KONG - Asian markets were mixed in thin Boxing Day trade Monday, amid ongoing concerns over Europe's fiscal woes and investor caution in the last trading week of the year. Japanese shares closed 1.00 percent higher, or 84.18 points, to 8,479.34, Seoul finished the day 0.56 percent lower, or 10.52 points, at 1,856.70, while Chinese shares ended down 0.67 percent, or 14.67 points, at 2,190.11. In other markets, Mumbai shares gained 1.47 percent, or 232.05 points, at 15,970.75; Bangkok edged down 0.47 percent, or 4.86 points, to 1,032.51; Taiwan shares lost 0.26 percent, or 18.15 points, at 7,092.58; Manila gained 0.34 percent, or 14.82 points, to 4,387.06. Financial markets in Australia, Hong Kong, Indonesia, Singapore, New Zealand and Malaysia were closed on Monday for a public holiday. New York and other major Western markets were also closed Monday for the Christmas ...

Full article: http://www.channelnewsasia.com/stories/afp_asiapacific_bu...

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