Markets

ASIA ECONOMICS: Asian Shares End Mostly Lower

Evaluating market performance charts

Stock markets across the Asia-Pacific region finished mostly in the red on Friday, following steep losses on Wall Street as investors remain cautious amid worries about additional U.S. interest rate hikes in 2019 and the prospect of a U.S. government shutdown over funding for a border wall, said Trading Economics. The Nikkei 225 slumped 1.1% to 20,166 as the yen held gains on safe-haven demand; the Shanghai Composite lost 0.8% to 2,516; and the S&P/ASX 200 fell 0.7% to 5,468. Meanwhile, the Hang Seng gained 0.5% to 25,753; and the Kospi added 0.1% to 2,061.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Copyright (C) 2016 MTNewswires.com. All rights reserved. Unauthorized reproduction is strictly prohibited.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Other Topics

Stocks

Latest Markets Videos

    MTNewswires

    Founded in 1999, MT Newswires (formerly known as Midnight Trader) is a leading provider of original source, multi-asset class, real-time, global financial news and information to most of the largest banks, brokerage firms and professional market data, trading & research applications in North America.

    Learn More