Breaking News

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


Asian markets trade mostly lower in early deals on Thursday

Most of the Asian equity benchmarks are trading lower in the early deals on Thursday, tracking Wall Street's decline after the latest Fed report rekindled fears about inflation and rising bond yields. Meanwhile, the Japanese market is declining following the weak cues from Wall Street and as a stronger yen dragged shares of exporters lower. Though, Chinese market is higher after Wall Street fell in the wake of US Federal Reserve minutes pointing to a stronger outlook for economic growth. Among the other Asian markets, Taiwan, Indonesia, Hong Kong, South Korea, Malaysia and Singapore are in positive territory.

Nikkei 225 declined 257.91 points or 1.17% to 21,712.90, Taiwan Weighted dropped 41.97 points or 0.39% to 10,672.47, Jakarta Composite slipped 19.86 points or 0.3% to 6,623.54, Hang Seng dipped 336.12 points or 1.07% to 31,095.77, KOSPI Index contracted 15.3 points or 0.63% to 2,414.35, FTSE Straits Times tumbled 27.14 points or 0.77% to 3,489.09, and Bursa Malaysia KLCI was down by 1.35 points or 0.07% to 1,856.82.

On the flip side, Shanghai Composite was up by 62.4 points or 1.95% to 3,261.56.

Related News

View all news

US markets end in red on concerns about global economy

The US markets ended sharply lower on Friday, with losses of around two percent, after weaker-than-expected data in China and Europe exacerbated concerns of a global economic slowdown. Besides, retail......

US markets end mostly lower on trade jitters

The US markets ended mostly in red on Thursday as investors continued to worry over the lack of clarity and progress in US-China trade talks. The perception of progress was tempered that China arrested......

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......

Top News

View all news

Wipro enters into strategic partnership with Saxo Bank

Wipro and Saxo Bank Group, a leading multi asset trading, have entered into strategic partnership. Saxo Bank has chosen Topcoder, a Wipro company and the world's largest talent network and crowdsourcing......

Wipro features as leader in Everest Group's PEAK Matrix Assessment 2019

Wipro has been positioned as a leader in Everest Group's recent report on Application Services in Capital Markets - Services PEAK Matrix Assessment 2019: Data, Cloud and Platform Investments to Fuel Innovation......

Datamatics Global Services gets nod to merge Lumina Datamatics

Datamatics Global Services (DGSL) and Lumina Datamatics (Lumina) have received approval to merge the two companies into DGSL. The merged Company would then be vertically split into two companies, namely,......