Asian shares are mixed as Brexit generates caution

Asian shares are mixed as Brexit generates caution

On Thursday, Asian stocks were narrowly mixed, with market sentiment downbeat over the probable hard slog ahead for Great Britain to abandon the European Union.

Japan's Nikkei 225 declined 0.35%, although Toshiba shares added 3.37% ahead of an extraordinary shareholders gathering.

On Wednesday, the Japanese conglomerate's American subsidiary Westinghouse Electric filed for bankruptcy after it reported a multi-billion dollar write-off because of cost overruns at four nuclear reactors under construction in America.

In Australia, the S&P/ASX 200 managed to grow 0.2% as the country started evacuating thousands of folks from resort islands in the tropical northeast, as water supplies started running low. Additionally, on the mainland of Queensland, tens of thousands of Australians were still without power and officials drew attention to more heavy rainfall in the wake of Cyclone Debbie.

The Kospi index tumbled 0.3%, Samsung Electroncis released its Galaxy S8 smartphone, thus gaining 0.53%.

Similar

Indonesia equities rally at close of trade

On Friday, Indonesia shares rallied after the close because revenues in the Miscellaneous Industry, Infrastructure as well as Consumer Industry sectors brought stocks up…

Saudi Arabia equities leap at close of trade

On Thursday, Saudi Arabia stocks managed to grow after the close because revenues in the Building & Construction, Real Estate Development as well as Agriculture & Food sectors underpinned stocks…

European equities start lower with PMI in focus

On Thursday, European markets started lower because market participants paid attention to the publication of euro zone manufacturing as well as service sector activity data due later in the session…

Popular

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