Asian equities edge down after tech shares dip on Wall Street

Asian equities edge down after tech shares dip on Wall Street

On Tuesday, Asian equities slid a bit following a lackluster trading session on Wall Street where technology shares went down.

Japan’s Nikkei 225 index dived 0.3% because the Japanese yen rallied versus the greenback. Market participants are closely watching the US tax legislation as well as Brexit talks.

Aside from that the Kospi soared 0.2% in South Korea trading at 2,507.44, the Shanghai Composite index lost 0.2% demonstrating an outcome of 3,303.05. Stocks in Southeast Asia mostly gained, Taiwan decreased. In Australia the S&P ASX 200 sank 0.2% reaching 5,971.80.

Meanwhile, on Wall Street telecom equities, financial institutions as well as other sectors, standing to benefit the most from the government’s drive to cut corporate tax rates, rallied, although technology shares dived, giving up a chunk of the revenues, which made them the best-performing part of the market by far in 2017.

Similar

Asian equities rally as American government shutdown is over

On Tuesday, Asian equities managed to soar right after American senators struck a deal to have a three-day government shutdown resolved, thus sending Wall Street's key indexes to record maximums, while the evergreen buck slumped versus the Japanese yen…

Popular

Japan real wages surge is slowest in almost two years

Japan's March real wages went down at the fastest pace in nearly two years, weighed by minor nominal pay lifts as well as a moderate ascend in consumer prices, thus posing a setback for Prime Minister Shinzo Abe's tries to revitalize the Japanese…

promotions you can be interested in

Deposit with your local payment systems

Callback

A manager will call you shortly.

Change number

Your request is accepted.

A manager will call you shortly.

Internal error. Please try again later

You are using an older version of your browser.

Update it to the latest version or try another one for a safer, more comfortable and productive trading experience.

Safari Chrome Firefox Opera