TOKYO, Sept 24:

Global shares traded mixed Wednesday following a drop on Wall Street, as Federal Reserve Chair Jerome Powell said stock prices were “fairly highly valued.”

France’s CAC 40 slipped nearly 0.2 per cent in early trading to 7,857.54, while the German DAX dipped nearly 0.3 per cent to 23,589.16. Britain’s FTSE 100 fell 0.2 per cent to 9,209.94. US shares were set to drift higher with Dow futures inching up less than 0.1 per cent at 46,644.00. S&P 500 futures rose 0.2 per cent to 6,725.50.

Japan’s benchmark Nikkei 225 recouped morning losses to finish 0.3 per cent higher at 45,630.31. Australia’s S&P/ASX 200 slipped 0.9 per cent to 8,764.50. South Korea’s Kospi dropped 0.4 per cent to 3,472.14. Hong Kong’s Hang Seng rose 1.4 per cent to 26,518.65, while the Shanghai Composite

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