Breaking News

You are here » Indian-Commodity  :  International & World Stock  :  Asian markets exhibit mixed trend in early deals on Thursday

24-May2018

Asian markets exhibit mixed trend in early deals on Thursday

Asian market indices are exhibiting a mixed trend in early deals on Thursday after US stocks reversed early losses and finished higher as investors appraised the Federal Reserve's signal that it is not in a hurry to raise interest rates. The Japanese market is extending losses from the previous session on a firmer safe-haven yen more than offset the modest gains on Wall Street. Renewed concerns about US-China trade talks weighed on investors' sentiments after US President Donald Trump said that the current structure used in trade talks was 'too hard to get done'. Among the other Asian markets, Shanghai, South Korea and Malaysia are also lower. Bucking the trend, Singapore, Indonesia, Hong Kong and Taiwan are higher.

Hang Seng gained 21.33 points or 0.07% to 30,686.97, Jakarta Composite added 121.84 points or 2.1% to 5,913.84, Straits Times increased 13.14 points or 0.38% to 3,509.41, and Taiwan Weighted up by 38.54 points or 0.35% to 10,924.72

On the flip side, Nikkei 225 declined 269.9 points or 1.19% to 22,419.84, FTSE Bursa Malaysia KLCI dropped 19.71 points or 1.09% to 1,784.54, KOSPI Index slipped 8.32 points or 0.34% to 2,463.59, and Shanghai Composite down by 1.14 points or 0.04% to 3,167.83.



Related News

View all news

US markets end higher on Friday

The US markets ended higher on bargain hunting with the major averages bouncing off the multi-month closing lows set on Thursday. The substantial rebound by stocks also came as strong Chinese trade data......

Asian markets trade mostly in green in early deals on Friday

Most of the Asian markets are trading in green in early deals on Friday as US stock futures recovered in Asian trades after media reports indicated that the US Treasury Department has not labelled China......

US markets end lower on Thursday; Dow Jones down over 500 points

The US markets extended their losses for second straight day to end the session in red on Thursday with the Dow Jones Industrial Average losing over 500 points, as traders remained concerned about the......

Top News

View all news

Ashiana Housing wins two awards

Ashiana Housing has won two awards. Realty Plus Awards 2018 has felicitated 'Ashiana Umang' as 'Best Themed Project' and the company's website as the 'Best Real Estate Website of the year'.Ashiana Umang......

Tata Power inaugurates second 'All-women' CRC in Mumbai

Tata Power has inaugurated its second 'All Women' Customer Relations Centre (CRC) in Borivali (East), Mumbai, with an aim to continue providing their talented and highly skilled women employees with new......

McLeod Russel hands over specified assets of eight Tea Estates to M K Shah Exports

McLeod Russel India has handed over the specified assets of the eight Tea Estates of the company to M K Shah Exports.Post completion of due diligence by M K Shah Exports (Buyer) and on compliance of the......