Breaking News

You are here » Indian-Commodity  :  International & World Stock  :  Asian markets pare early losses to trade mostly in green


Asian markets pare early losses to trade mostly in green

Asian markets started on a pessimistic note following the flat lead overnight from Wall Street after U.S. President Donald Trump announced the U.S. would formally withdraw from Iran's nuclear deal. But, most of the bourses pared their early losses and entered into green terrain at this point of time, as traders opted to buy beaten down but fundamentally strong stocks. Japanese Nikkei edged lower as traders remained on sidelines ahead of release of preliminary March figures for its leading and coincident indexes as well as March figures for real and labor cash earnings. Among other Asian markets, Shanghai, Malaysia, Taiwan, Jakarta and Hong Kong are higher. Bucking the trend, South Korea is lower. 

Shanghai Composite gained 1.75 points or 0.06% to 3,163.25, FTSE Bursa Malaysia KLCI surged 18.31 points or 1% to 1,846.51, Taiwan Weighted increased 28.45 points or 0.27% to 10,719.83, Jakarta Composite gained 45.64 points or 0.79% to 5,820.36 and Hang Seng was up by 122.38 points or 0.4% to 30,525.19.

On the flip side, Nikkei 225 declined 102.32 points or 0.45% to 22,406.37 and KOSPI Index was down by 6.22 points or 0.25% to 2,443.59.

Related News

View all news

US markets end mostly lower as trade worries flare up again

The US markets ended mostly lower on Tuesday, on reports that US negotiators are concerned that China is pushing back against American demands. Chinese officials are reportedly indicating that the US has......

US markets end higher ahead of Fed meeting

The US markets ended higher, with gains of over quarter a percent, on Monday on optimism about a US-China trade deal after China's state-owned Xinhua news agency reporting the US and China have made further......

US markets end higher amid optimism about US-China trade talks

The US markets ended higher on Friday, with gains of over half a percent, amid optimism about US-China trade talks coupled with indications of more Chinese economic stimulus. Chinese Premier Li Keqiang......

Top News

View all news

Power Grid fully utilises JPY 22 billion loan

Power Grid Corporation has fully drawn a 22 billion Japanese Yen (JPY) loan and utilised it to finance capital expenditure for its ongoing and new projects.Power Grid had entered into a JPY 22-billion......

Mahindra deploys six armoured Marksman at Delhi Airport

Mahindra Group has deployed six armoured Marksman vehicles at Indira Gandhi International Airport in Delhi. With this deployment, Delhi airport becomes first to get bullet-proof vehicle in its premises......

Oil India signs MoU with Gauhati University: Report

Oil India and Gauhati University have reportedly signed a Memorandum of Understanding (MoU) on March 19, 2019. The MoU aims to extend the facility of Technology Incubation Centre at Gauhati University......