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Asian indices lower as Brexit likely to be delayed

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  • Asian Market
  • 3 weeks ago
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Asian indices traded lower as Brexit is likely to suffer yet another delay, hence affecting investor sentiment globally.

In mainland China the Shanghai Composite and Shenzhen Composite dropped by 0.3% while in Hong Kong the Hang Seng shed 1% as shares of AAC and Tencent fell by 3.7% and 2.2% respectively.

Tokyo’s Nikkei 225 reopened following a public holiday on Tuesday, however it did not make any significant moves as it remained flat with shares of SoftBank retreating by 2.5% along with Sony and Ratuken whose shares closed lower by 2.2% and 1.6%.

Over in Seoul the Kospi slid by 0.6% as did the TAIEX in Taipei, by 0.2% and the STI in Singapore, by 0.5%.

Also on the downtrend was the Aussie ASX 200 as it gave up 0.2% as Beach Energy and National Bank of Australia both declined by 0.4%.

 

 

 

 

Source: Smart Trend Team