Asian Stocks Mixed in early trade, Oil Gains as US pulls out of Iran Deal

Hong Kong stocks built on this week's gains Wednesday, with energy firms tracking gains in oil prices after Donald Trump pulled the US out of the Iran nuclear deal. The Hang Seng Index rose 0.16 percent, or 49.35 points, to 30,452.16. The benchmark Shanghai Composite Index was flat, inching down 1.36 points to 3,160.14, while the Shenzhen Composite Index, which tracks stocks on China's second exchange, eased 0.12 percent, or 2.21 points, to 1,834.01

Tokyo stocks opened lower on Wednesday with the benchmark Nikkei 225 index slipping 0.21 percent, or 46.80 points, to 22,461.89 in early trade, while the broader Topix index was down 0.10 percent, or 1.71 percent, at 1,778.11. (AFP/APP)

Posted on: 2018-05-09T09:08:00+05:00