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Asian shares mostly lower after pessimistic ‘tankan’ survey

July 1, 2022

European shares edged higher after Asian benchmarks finished lower Friday, as a quarterly report by Japan’s central bank rekindled worries about the world’s third largest economy.

Shares were slightly higher in Europe in early trading, after finishing lower in Asia, declining in Tokyo, Seoul, Sydney and Shanghai. Markets were closed in Hong Kong for a holiday. Oil prices fluctuated throughout the day.

In Paris, the CAC 40 gained 0.4% to 5,946.61, while Germany’s DAX edged up 0.3% to 12,820.65. Britain’s FTSE 100 added 0.2% to 7,180.70. The future for the Dow industrials slipped 0.4% to 30,664.00. The S&P 500 future fell 0.3% to 3,777.00.

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