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6/14/2021 4:20:50 AM GMT | By Rekha Chauhan
Asia-Pacific shares started the new session on a lower on Monday.
Risk aversion keeps investors away from riskier assets.
China and Australia market remain closed for trading today.
Asia-pacific shares trade mixed on Monday diverting from the gains on the US stock market in the last trading session. The Dow Jones Industrial Average rose 0.04%, S&P 500 gained 0.19%, and the Nasdaq added 0.35% gains on Friday.
MSCI’s broadest index of Asia-Pacific shares outside Japan was down 0.1%. The major markets in the region-China, Hong Kong, and Australia are shut on Monday.
Japan s Nikkei rose 0.35%, Kospi edged down by 0.01%, and Topix gained 0.25%.
With valuations high and the market ignoring the likely fallout of the covid second wave, investors would do well just to hang on to existing investments, says Satish Ramanathan, MD & CIO, Equity, JM Financial AMC, tells ET Wealth in this interview.
With valuations high and the market ignoring the likely fallout of the covid second wave, investors would do well just to hang on to existing investments, says Satish Ramanathan, MD & CIO, Equity, JM Financial AMC, tells ET Wealth in this interview.
As per reports, the funds, registered at the same address in Mauritius, own more than Rs 43,500 crore or $6 billion in four Adani group firms. The frozen accounts won t be able to sell or buy new securities. As p