Asian stocks show mixed trend

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Asian stocks show mixed trend

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Asian stocks closed mixed on Tuesday.

29 March,2011 02:37 pm

Japan’s Nikkei and China’s Shanghai Composite declined by 0.2 percent and 0.9 percent, respectively, while India’s Sensex and Australia’s ASX up 0.8 percent and 0.4 percent, respectively. Hong Kong’s Hang Seng closed flat.Japanese equities were pressured even as the country battles to the damaged Fukushima nuclear plants that once threatened to melt down and trigger a nuclear crisis. Indian stocks marched forward, adding to the recent rally, with the benchmark Sensex topping the 19,000 mark as crude oil prices slipped in the commodities market.In Tokyo, automakers witnessed selling as investors weighed the impact of the recent earthquake on production. Toyota, Mazda and Suzuki lost 1% to 1.2%.