Breaking News

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

05-Nov2018

Asian markets trade red in early deals on Monday

All of the Asian market indices are trading in red in early deals on Monday following the negative cues from Wall Street on Friday amid the uncertainty around the Sino-United States trade war. In addition, upbeat US jobs data for the month of October led to renewed concerns about the outlook for interest rates. The Japanese market is notably lower following the negative cues from Wall Street and global economic growth. Investors are also cautious as they await the minutes of Bank of Japan's September monetary policy meeting.

Nikkei 225 dropped 286.10 points or 1.30% to 21,957.56, Straits Times dipped 57.76 points or 1.89% to 3,058.63, Hang Seng slipped 701.15 points or 2.72% to 25,785.20, KOSPI Shares decreased 26.39 points or 1.28% to 2,069.61, Shanghai Composite contracted 26.64 points or 1.01% to 2,649.84, FTSE Bursa Malaysia KLCI declined 8.00 points or 0.47% to 1,705.87, Jakarta Composite tumbled 4.01 points or 0.07% to 5,902.28 and Taiwan Weighted down by 84.78 points or 0.86% to 9,821.81.


Related News

View all news

US markets end lower on Tuesday

After the sell-off seen in the previous session, the US markets once again closed in red on Tuesday. With the continued drop, the tech-heavy Nasdaq fell to its lowest closing level in over seven months.......

US markets close sharply lower on Monday

The US markets closed sharply lower on Monday with the Nasdaq falling to its lowest closing level in almost five months, as the biggest and most popular technology stocks plunged. Facebook and Apple led......

Asian markets exhibit mixed trend in early deals on Monday

Asian market indices are exhibiting mixed trend in early deals on Monday, amid the ongoing trade tensions between United States -China and on renewed anxiety about Brexit. The Japanese market is advancing......

Top News

View all news

Megastar Foods planning to incorporate subsidiary

Megastar Foods is planning to incorporate a subsidiary Company. The meeting of the Board of Directors of the company is scheduled to be held on November 27, 2018, to consider the same. Megastar Foods is......

Lupin launches generic Tetrabenazine Tablets

Lupin has launched Tetrabenazine Tablets, 12.5 mg and 25 mg having received an approval from the United States Food and Drug Administration (USFDA) earlier. Lupin's Tetrabenazine Tablets, 12.5 mg and 25......

UPL's arm signs definitive agreement to acquire entire stake of IBC

UPL's wholly owned subsidiary-- UPL Corporation, Mauritius has signed a definitive agreement to acquire directly or through its subsidiaries 100% of the shares of INDUSTRIAS BIOQUIM CENTROAMERICANA, SOCIEDAD......