Equities in Asia fell on Thursday as political risk weigh on global markets, equities suffered after the appointment of former FBI director Robert Mueller as a special council to continue the investigation regarding Russia’s suspected intrusion in U.S presidential elections.
As such, China’s main benchmarks ended Thursday’s session in red territory, Hong Kong’s Hang Seng Index tumbled 0.62 percent to trade at 25,136.52 at the close, and Shanghai Composite dropped 0.45 percent to finish the session at 3,090.40. Meanwhile, South Korea’s main benchmark Kospi index fell by 0.27 percent to end the session at 2,286.82.
The Japanese Stock Exchange:
Losses in the Chemical, Petroleum & Plastic, Insurance and Finance & Investment sectors pressured the Japanese stock market down, the Nikkei 225 index dropped 1.32 percent to end Thursday’s session at 19,553.86.
The benchmark’s best performers in Thursday’s session were Isetan Mitsukoshi Holdings Ltd surged by 2.22% to trade at 1104.0 at the close. Followed DeNA Co Ltd which rose 2.13 percent to end at 2686.0 and Yamato Holdings Co., Ltd. that rose by 1.99 percent to 1374.0 in late trade.
On the other hand, the worst performers were The Chiba Bank, Ltd. that dropped 4.79 percent to trade at 735.0 at the close. The Dai-ichi Life Insurance Co in the list of worst performers for two consecutive days fell by 4.77 percent to end at 202.0, While Olympus Corp. was down 4.61 percent to end the session at 4140.0.
Overall declining stocks outnumbered rising the stocks by 2516 to 636 and 221 closed flat in Thursday’s session.
USD/JPY fell by 0.33 percent to trade at 110.43, and EUR/JPY declined 0.49 percent to trade at 123.02.
Australia Stock Exchange:
In Australia, Equities continued to lose ground on Thursday to end the session in the red, driven down by declines in the Financials, IT and Healthcare sectors.
The Aussie Benchmark ASX 200 declined 0.82 percent to end Thursday’s session at 5,738.31.00.
The best performers of the session on the S&P/ASX 200 were Fairfax Media Ltd that increased by a margin of 6.90% to trade at 1.240 at the close. Meanwhile, Vocus Group Ltd rose by 4.08 percent to finish at 2.645 and Western Areas Ltd saw a rise of 3.43 percent to end the session at 2.110.
Meanwhile, the Worst performers in the session were Sirtex Medical Ltd that tumbled by a large margin of 28.33 percent to finish the session to 10.750. Trailed by James Hardie Industries PLC which fell 7.78 percent to end at 19.900 and Galaxy Resources Ltd declined 5.43 percent close at 0.435.
The Australian Stock Exchange saw the number of falling stocks outweighed the number of stocks rising by 762 to 338, while 338 remained flat.
The AUD/USD gained 0.09 percent to trade at 0.7438.
© Copyright 2017
The information contained in this publication is not intended as an offer or solicitation for the purchase or sale of any financial instrument. Any opinion offered herein reflects Gotinsiders.com current judgment and may change without notice. Users acknowledge and agree to the fact that, by its very nature, any investment in shares, stock options and similar and assimilated products is characterized by a certain degree of uncertainty and that, consequently, any investment of this nature involves risks for which the user is solely responsible and liable.