Breaking News

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


Asian markets trade lower in early deals

All the Asian markets are trading in red terrain in early deals following the overnight sell-off on Wall Street. Warnings on profit outlook from bellwether U.S. companies and worries about rising bond yields as well as their impact on inflation have dampened investors' sentiments. Japanese Nikkei is trading lower as worries over rising bond yields dampened investors' sentiments. Traders also remained on sidelines ahead of February figures for Japanese all industry activity index. Hang Seng is considerably lower as traders booked profit after yesterday's rally, following gains from the financials, casinos and oil and insurance companies.

Asian markets are trading in red; Hang Seng declined 257.35 points or 0.84% to 30,378.89, Nikkei 225 decreased 83.7 points or 0.38% to 22,194.42, Jakarta Composite dropped 69.25 points or 1.11% to 6,160.39, Taiwan Weighted slipped 37.8 points or 0.36% to 10,541.70, KOSPI Index fell 21.73 points or 0.88% to 2,442.41, FTSE Bursa Malaysia KLCI shed 14.34 points or 0.77% to 1,851.00 and Shanghai Composite was down by 9.62 points or 0.31% to 3,119.31.

Related News

View all news

US markets end lower as growth concerns resurface

The US markets ended lower on Tuesday on renewed concerns about global growth and the US-China trade war. The International Monetary Fund (IMF) said the global expansion is weakening at a rate that is......

US markets extend gains on optimism about trade leads

Extending gains for fourth straight session, the US markets ended sharply higher on Friday, with gains of over a percent each, as traders continued to express optimism about trade talks between the US......

US markets end higher on hopes of easing trade tensions

Magnifying their gains for third straight day, the US markets ended higher on Thursday on report that the US is considering lifting some tariffs on Chinese products in an effort to elicit more concessions......

Top News

View all news

RPP Infra Projects bags orders worth Rs 62.90 crore from BHEL

RPP Infra Projects has bagged orders from Bharat Heavy Electricals (BHEL), Chennai for worth of Rs 62.90 crore. The first order is for providing civil works of Boiler, Mill and Bunker, ESP area of unit......

Glenmark gets tentative ANDA approval for Abiraterone Acetate Tablets

Glenmark Pharmaceuticals Inc., USA (Glenmark) has been granted tentative approval by the United States Food & Drug Administration (USFDA) for Abiraterone Acetate Tablets USP, 250 mg, a generic......

HDFC Standard Life Insurance reports 18% rise in Q3 net profit

HDFC Standard Life Insurance has reported results for third quarter ended December 31, 2018. The company has reported a rise of 18.48% in its net profit at Rs 245.63 crore for the quarter under review......