Asian stock markets open flood-gates to sellers

Lola Evans
21 Nov 2019, 17:17 GMT+10

Stock markets in Asia spent Thursday selling off with major exchanges closing with solid losses.
In Japan, the Nikkei 225 fell 109.99 points or 0.48% to 23,035.58.
The Australian All Ords was off 50.60 points or 0.74% at 6,777.70.

SYDNEY, Australia - Stock markets in Asia spent Thursday selling off with major exchanges closing with solid losses.

In Japan, the Nikkei 225 fell 109.99 points or 0.48% to 23,035.58.

The Australian All Ords was off 50.60 points or 0.74% at 6,777.70.

China's Shanghai Composite was solidly in the red but trimmed losses towards the close. The key index ended down 7.42 points or 0.25% at 2,903.64.

Whilst yet to close at the time of writing, the Hang Seng in Hong Kong was down several hundred points.

The U.S. dollar was mixed. The euro remained well bid at 1.1073. The British pound was also holding on to overnight gains at 1.2925.

The Japanese yen inched up to 108.55. The Swiss franc was unchanged at 0.9910.

The Canadian dollar was steady at 1.3313, while the Australian and New Zealand dollars drifted lower to 0.6797 and 0.6414 respectively.

Overnight on Wall Street, the Dow Jones industrials were down 112.93 points or 0.40% at 27,821.09.

The Standard and Poor's 500 lost 11.72 points or 0.38% to 3,108.46.

The Nasdaq Composite fell 43.93 points or 0.51% to 8,526.73.

Watch latest videos

News RELEASES

Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Africa Leader.

More Information

18 ℃

Fair in Cape Town

International

Section

FBI investigation into Trump campaign was intrusive, says Barr

WASHINGTON, DC - The FBI had little evidence to launch the investigation into the Trump presidential campaign, according to U.S. ...

Mounting alarm over treatment of protesters in Iran

GENEVA, Switzerland - In the wake of recent protests in Iran, the top United Nations human rights official expressed alarm ...

Scores perish in factory blaze in Indian capital

DELHI, India - Dozens of people have died in a fire in a large factory in Delhi.Fire engines streamed through ...

UK and U.S. officials charge two Russian nationals after hacking spree

WASHINGTON, DC - The U.S. Department of Justice last week joined with the U.S. Department of State and the United ...

A Critique of Ferguson and Maxwell

I have already written a short critique of the majority ruling, and here I wish to expand some of its ...

Odisha awarded 'World Habitat Award' for Jaga Mission

Bhubaneswar (Odisha) [India], Dec 10 (ANI): Odisha on Monday won the 'World Habitat Award', global recognition for its ambitious initiative ...

Business

Section