Asian stocks mostly decline with Hong Kong and Shanghai up

Asian stocks mostly decline with Hong Kong and Shanghai up

On Friday, Asian stocks mostly slid, with China bucking the trend because market participants look ahead to a gathering of top finance officials from the world's key economies this weekend in Italy.

The Nikkei 225 lost 0.63%, South Korea's Kospi tumbled 0.54%. Additionally, Australia's benchmark S&P/ASX 200 index went down 1%.

The Shanghai Composite soared 0.39%, while Hong Kong's Hang Seng Index tacked on 0.07%.

In retail stocks were mixed following softer lead from American retailers in the prior session, with South Korea's Lotte Shopping inching up 2.73%, although Australian retailers mostly dived. As for Myer stocks, they lost 2.55% and Harvey Norman decreased 2.8%.

Overnight, American stocks concluded lower, driven by a dip in retail stocks, after Macy reported dismal quarterly results, while stocks of Snap edged down 21%.

The Dow Jones Industrial Average showed 20,919.42, tacking on 0.11%. As for the S&P 500, it slid 0.19%, while the Nasdaq Composite hit 6115.96, edging down 0.22%.

Similar

Asia-Pacific equities generally inch up

On Friday, stocks of the Asia-Pacific region mostly tacked on, ramping up revenues from the previous trading marathon, reacting to upbeat signals from Wall Street because market participants shifted their focus to the approaching season of corporate…

Popular

Asian shares tumble with Japan markets shut

On Monday, stocks in Asia declined with markets in Japan unavailable for a holiday and traders watching oilfield-related stocks after a bankruptcy filing by Singapore's Ezra Holdings…

Greenback surges as yields soar

On Friday, the evergreen buck added against the Japanese yen and euro, drifting away from recent minimums, though revenues were capped as traders focused on a showdown between Donald Trump and members of his own party as for a fresh healthcare bill…

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

Beginner Forex book

The most important things to start trading
Enter your e-mail, and we will send you a free Beginner Forex book

Thank you!

We've emailed a special link to your e-mail.
Click the link to confirm your address and get Beginner Forex book for free.

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