Asian shares mixed as investors await progress on stimulus thetelegraph.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thetelegraph.com Daily Mail and Mail on Sunday newspapers.
Mixed start for Asian equities - MarketPulse marketpulse.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from marketpulse.com Daily Mail and Mail on Sunday newspapers.
Asian equities and US dollar dip lower
February 19, 2021SharePrint
Asian equities ease with Wall Street
Wall Street fell again overnight, as bullish momentum temporarily ebbs, spurring investors to lighten risk. The S&P 500 lost 0.44%, the Nasdaq slipped 0.72%, and the Dow Jones eased by 0.44%. US index futures have continued a downward trajectory this morning, with all three major indices lower by around 0.35%.
The US malaise has spilt over into Asian markets, which are tracking lower today. The Nikkei 225 has fallen 1.25%, with the Kospi down 0.70%. Mainland China’s Shanghai Composite is 0.60% lower, with the CSI 300 falling 0.75%. The Hang Seng is down 1.05%.
Much the same pattern is repeating regionally, with Singapore down 1.30%, Thailand down 0.70% with Jakarta 0.05% lower. Only Malaysia is bucking the trend, climbing 0.15%. Australian markets are enduring a tough day, with the ASX 200 and All Ordinaries down 1.40%.