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Asian markets continue to shed as continued U.S. futures sell off dampens mood

  • Regular
  • Asian Market
  • 6 months ago
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Asian markets continued the downward trend today, OPEC’s meeting later today in Vienna the arrest of Huawei’s CEO and the continued sell off in the U.S. further failed to placate any wildfires in investor sentiment.

Hong Kong's Hang Seng fell 2.26% , Chinese tech heavy Tencent fell more than 2%.

The Shanghai composite down 0.73% while the Shenzhen composite fell 0.816%.

Japan's Nikkei too was down 1.70% in its first hour trade while the Topix index dipped by 1.43%. 

South Korea's KOSPI was down 0.89%, largely due to Samsung’s shedding of 1.69%.

Australia’s ASX200 was down 0.7% with the energy index falling by 0.73%.

AUD was at $0.7235 after sliding from the $0.735 mark yesterday, this all comes after the figures on Australia’s missing out its growth forecast, trade surplus was at AUD$ 2.3 billion, falling short of the expected AUD$ 3.2 billion.

 

 

 

 

Source: Smart Trend Team