• Asian Stocks close: stocks were exhibiting a mixed trend in the absence of any major economic reports

Market news

14 May 2014

Asian Stocks close: stocks were exhibiting a mixed trend in the absence of any major economic reports

Asian stock indices were exhibiting a mixed trend in the absence of any major economic reports.

The Hong Kong stock index Hang Seng rose after the People's Bank of China announced to will do more to support the property market.

The Japanese index Nikkei 225 declined due to stronger yen.

Indexes on the close:

Nikkei 225                     14,405.76              -19.68        -0.14%

Hang Seng                     22,582.77            +230.39       +1.03%

Shanghai Composite      2,047.91                -2.28         -0.14%

Yokogawa Electric Corp. shares dropped 8.9%, as a net-income outlook missed analyst forecast.

Nikon declined 4.0% after missing its own earning forecast for the last fiscal year.

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