mixed asian markets as japan rises and china faces uncertainty

Asian markets had a mixed performance on Thursday due to uncertainty about the global economic outlook.

The Nikkei index in Tokyo increased by 0.8 percent, supported by a weak yen, while the broader Topix rose by 1.0 percent.

However, investor sentiment in China remained fragile, with concerns about a potential tariff war resulting from US President-elect Donald Trump's policies.

The Shanghai stock exchange declined by 0.3 percent, and the index of major companies in Shanghai and Shenzhen fell by 0.8 percent.

In the pre-market, the SMI showed an upward trend, while the Dow Jones experienced slight price losses ahead of Thanksgiving.

Nvidia faced a downturn, contributing to the mixed sentiment in the markets.

According to Seiichi Suzuki from Tokai Tokyo Intelligence Laboratory, Japanese stocks are currently considered inexpensive compared to their US counterparts, with chip supplier Tokyo Electron standing out with a 6.45 percent increase.

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