Breaking News

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


Asian markets trade mostly lower in early deals on Wednesday

Most of the Asian equity benchmark indices are trading lower in the early deals on Wednesday, pressured by losses on Wall Street as the technology sector stuttered again after a brief rebound. Meanwhile, Japan's Nikkei index inched lower as major exporters are mostly down on a stronger yen. Among the other Asian markets China, Hong Kong, Malaysia, Singapore, South Korea and Taiwan exhibit a downward trend, while Indonesia is in positive territory.

Nikkei 225 dripped 361.66 points or 1.6% to 22,260.72, Taiwan Weighted lower 166.05 points or 1.57% to 10,400.80, FTSE Bursa Malaysia KLCI dipped 4.65 points or 0.27% to 1,720.19, Hang Seng reduced 361.16 points or 1.25% to 28,481.64, Shanghai Composite dripped 19.91 points or 0.6% to 3,283.77, Straits Times weakened 21.31 points or 0.62% to 3,416.75 and KOSPI Index was down by 28.23 points or 1.12% to 2,481.89.

On the flip side, Jakarta Composite was up 38.06 points or 0.63% to 6,038.54.

Related News

View all news

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......

Asian markets trade higher in early deals on Friday

Asian markets are trading higher in early deals on Friday as Donald Trump struck an upbeat note on trade talks with China, while the pound held steady after British MPs voted to delay Brexit. While there......

Top News

View all news

Ladam Affordable Housing to enhance limits of Corporate Guarantee given to AU Small Finance Bank

Ladam Affordable Housing has decided to enhance the limits of Corporate Guarantee given to AU Small Finance Bank from Rs 15 crore to Rs 18.5 crore for the purpose of financing the business/ business related......

Govind Poy Oxygen planning to enter into lease agreement

Govind Poy Oxygen is planning to enter into Lease Agreement with Babaso Anandrao Budhale, for lease of land and building for the use of the company and agreement with Nasik Oxygen Company, to give machinery......

RIL's telecom arm terminates agreement with Reliance Communications

Reliance Industries' (RIL) telecom arm -- Reliance Jio Infocomm (Jio) has terminated Master Agreement and Spectrum Trading Agreement executed between the company and Reliance Communications and its affiliates......