Stock market today Asian shares mixed with US markets closed for Thanksgiving

     Hong Kong, Nov 29 (AP) Asian shares were mixed on Friday after US markets were closed Thursday due to the Thanksgiving holiday.
     US futures and oil prices rose.
     Tokyo's Nikkei 225 index fell 0.4 per cent to 38,183.31 after the government reported that inflation in Tokyo, considered an indicator for national trends, was 2.6 per cent in November, up from 1.8 per cent last month mainly due to a surge in fresh food prices. Core inflation, which excludes fresh food prices, rose modestly to 2.2 per cent year-on-year from 1.8 per cent in October.
     Higher inflation tends to reinforce expectations that the Bank of Japan will push ahead with more increases in its benchmark lending rate. That, in turn, pushes up the value of the Japanese yen, which was trading at 149.92 to the dollar early Friday. A week earlier it was trading above 155 yen per dollar.
     The central bank's current policy rate is 0.25 per cent. It only ended a long spell of negative rates in March on the presumption that Japan had largely achieved its 2 per cent inflation target.
     South Korea's Kospi lost 1.3 per cent to 2,471.68 after the central bank cut its benchmark interest rate on Thursday to relieve pressure on its slowing economy. Australia's S&P/ASX 200 fell 0.2 per cent to 8,428.20.
     Chinese markets advanced. Hong Kong's Hang Seng index gained 1.3 per cent to 19,616.44 and the Shanghai Composite index surged 1.6 per cent to 3,348.20. Investors are looking ahead to a major economic planning meeting that is usually held in December.
     US markets will reopen for a half day on Friday.
     The holiday Thursday brough a respite in news on President-elect Donald Trump's plans for after he takes office, after markets were rocked earlier in the week by his announcement that he plans to order immediate sharp tariff hikes on imports from Canada, Mexico and China.
     On Wednesday, the S&P 500 fell 0.4 per cent and the Dow fell 0.3 per cent. The Nasdaq composite, which is heavily weighted with technology stocks, fell 0.6 per cent.
     In other dealings Friday, US benchmark crude oil rose 46 cents to USD 69.18 per barrel, while Brent crude, the international standard, added 10 cents to USD 72.88 per barrel.
     The euro rose to USD 1.0575 from USD 1.0557. (AP) GRS
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(This story has not been edited by THE WEEK and is auto-generated from PTI)