Breaking News

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


Asian markets trade lower in early deals on Thursday

All the Asian equity indices are trading lower in the early deals on Thursday following the weak lead overnight from Wall Street amid speculation that China, the largest buyer of US Treasuries, could slow or halt its purchases. Investors are also cautious as they await quarterly earnings results from some major Japanese companies later in the day. Meanwhile, Japan's Nikkei share average edged lower hit by declines in automakers and electronic component makers as the strong yen soured investors' appetite. China stocks fell with losses led by real estate and energy firms as investors took profits after a robust nine-session winning streak. A media report that China is considering reducing or halting purchases of US Treasuries did not appear to impact the share market.

Nikkei 225 dipped 115.22 points or 0.48% to 23,672.98, Hang Seng dropped 63.22 points or 0.2% to 31,010.50, Taiwan Weighted contracted 53.38 points or 0.49% to 10,777.71, KOSPI Index declined 9.93 points or 0.4% to 2,489.82, FTSE Bursa Malaysia KLCI decreased 7.57 points or 0.42% to 1,815.35, Shanghai Composite crumbled 5.18 points or 0.15% to 3,416.65, Jakarta Composite slipped 4.36 points or 0.07% to 6,366.82, and Straits Times was down by 5.11 points or 0.15% to 3,515.34.

Related News

View all news

US markets end higher on trade optimism

The US markets ended higher on Wednesday as traders keep up hope that the US and China will make progress on resolving their trade dispute. The strength on markets came in after President Donald Trump......

US markets end mostly lower on Tuesday

The US markets ended mostly lower on Tuesday after a contentious fight between President Donald Trump and Democratic leadership over border security. Trump threatened to shut down the government if more......

US markets end marginally higher on Monday

The US markets ended marginally higher on Monday as traders went bargain hunting after the early weakness extended the sell-off seen last week. Further, some support also came in as renewed confidence......

Top News

View all news

Patels Airtemp receives settlement notice from SEBI

Patels Airtemp (India) has received from SEBI, Summary Settlement Notice vide its Letter dated December 12, 2018 for settlement amount of Rs 3,68,156 against violation of Regulation 7(2)(b) of SEBI (Prohibition......

IndiGo in initial discussion with Qatar, Turkish Airlines for global expansion: Report

In order to increase its global footprint, InterGlobe Aviation (IndiGo) is reportedly in preliminary discussion with Qatar Airways and Turkish Airlines. The Budget carrier is looking for interline and......

Talwalkars Lifestyles integrates with Growfitter

Talwalkars Lifestyles has integrated with Growfitter to introduce the country's first ever AI (Artificial Intelligence) based Incentivized Wellness Program. The Growfitter FITKIT Program is a technologically......