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Stocks in Asia are narrowly mixed, traders...>

STOCKS
STOCKS: Stocks in Asia are narrowly mixed, traders taking profit off early gains
heading into the Christmas period. In Japan the Nikkei 225 is down 3 points at
22862, the Nikkei 225 is up 1.4% on the week, the Topix is up 1.9% on the week
putting it on track for the best weekly gain since October. On the Nikkei 225
4/11 sectors are in the red, led lower by Healthcare, -2.1%, Eisai are the worsr
perfomer dropping almost 15% after reporting unsuccessful trials for their
Alzheimer drug.
- US equity futures have risen on positive sentiment after the US Senate passed
a bill to temporarily fund the government and avoid a shutdown, the bill will
also expidite the tax bill as it contains a provision to waive automatic
spending cuts.
- In Australia the ASX 200 is up 13 points at 6072, gains are being driven by
commodities with oil holding above the $58/bbl level and strength across the
metals complex. Higher yields are also helping the financial sector.
- In China the Shanghai Comp is up 4 points at 3303, and in Hong Kong the Hang
Seng us up 72 points at 29440.

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