Breaking News

You are here » Indian-Commodity  :  International & World Stock  :  Asian markets trade lower in early deals on Friday

11-Aug2017

Asian markets trade lower in early deals on Friday

Asian equity benchmarks are trading lower in the early deals on Friday following overnight losses on Wall Street as US President Donald Trump's bellicose remarks prompted investors to unload shares in companies that have been on the rise in recent months. Meanwhile, Hong Kong stocks fell after an escalation in tensions between the US and North Korea caused a slump on Wall Street overnight. The Japanese market is closed in observance of the Mountain Day holiday.

Hang Seng dipped 517.62 points or 1.89% to 26,926.38, Jakarta Composite dropped 62.98 points or 1.08% to 5,762.97, Shanghai Composite contracted 52.08 points or 1.6% to 3,209.67, KOSPI Index declined 36.97 points or 1.57% to 2,322.50, Taiwan Weighted decreased 15.37 points or 0.15% to 10,314.37, FTSE Bursa Malaysia KLCI slipped 8.6 points or 0.48% to 1,769.17, and Straits Times was down by 34.64 points or 1.04% to 3,288.60.


Related News

View all news

US markets end higher after Trump says China trade talks to continue

The US markets ended higher on Friday after key negotiators cast a positive glow on trade talks. US Secretary of Treasury Steven Mnuchin indicated that bilateral talks were constructive even though an......

US markets lower after US President claims China broke the deal

The US markets ended lower on Thursday as trade tensions ramped up after US President Donald Trump threatened tariff retaliation on China, which he claims broke the deal. Anxiety over the prospect of a......

US markets end mostly lower on Wednesday

The US markets ended mostly lower on Wednesday as worries over US-China trade talks lingered. A notice in the Federal Register formally laid the groundwork to raise tariffs on $200 billion of Chinese imports......

Top News

View all news

SRF, NIIT Technologies and United Bank of India to see some action today

SRF has entered into a definitive agreement to sell its Engineering Plastics Business to DSM, the Life Sciences and Materials Sciences Company in an all-cash transaction, amounting to Rs 320 crore. The......

NIIT Technologies concludes sale of 88.99% stake in ESRI India Technologies

NIIT Technologies has concluded the sale of 88.99% equity shares in ESRI India Technologies, India to Environment Systems Research Institute Inc., USA. Consequent to above sale, ESRI India Technologies,......

United Bank of India to raise Rs 1,500 crore by various means

United Bank of India has received approval to raise equity capital not exceeding Rs 1,500 crore in one or more tranches during the financial year by way of Qualified Institutions Placement, Public Issue,......