Sun. Oct 24th, 2021

Fxtriangle | Market analysis | Managed trading

Fxtriangle will make Fx trading look easy.

Asia-Pacific stocks mixed

1 min read

Stocks

Stocks in Asia-Pacific were mixed in Wednesday trade after major indexes on Wall Street snapped their multi-day winning streaks overnight.

Mainland Chinese stocks were higher in early trade: The Shanghai composite gained 0.3% while the Shenzhen component advanced 0.633%. Hong Kong’s Hang Seng index rose 0.83%.

The Nikkei 225 in Japan slipped 0.57% in morning trade on Wednesday, after surging more than 2% on Tuesday to close at a level not seen since August 1990, according to data from Refinitiv. The Topix index dipped 0.73%.

Elsewhere, South Korea’s Kospi rose 0.24%. Shares in Australia fell, with the S&P/ASX 200 down 0.76%.

MSCI’s broadest index of Asia-Pacific shares outside Japan traded 0.38% higher.

Wednesday is the final trading day in 2020 for stocks in Japan and South Korea as their markets will be closed on Thursday.

The Dow Jones Industrial Average dipped 68.30 points to close at 30,335.67. The S&P 500 ended its trading day 0.2% lower at 3,727.04, while the Nasdaq Composite slipped 0.4% to close at 12,850.22. Tuesday’s losses stateside snapped a three-day winning streak for both the Dow and S&P 500.

Leave a Reply

Forex trading and any instruments related to Foreign Exchange Market are Speculative and carry substantial risk of loss of either partial equity or the entire deposit amount. Leverage adds up to the risk, before considering to invest in this venture, you should first consider your financial position and may seek the help of an independent financial advisor. FXtriangle dis-recommends the usage of loan instruments to trade in this market as it can hamper financial position. Please do not invest the money that you cannot afford to lose. FXtriangle provides all its services throughout the Globe Excluding (Nigeria, British Virgin Island & the Islamic Republic of Iran) and also provides limited service in some jurisdictions where investment in Overseas markets / Fx Exchanges are prohibited by Law If you are not sure to contact us before using any of our services. FXtriangle acts as an Independent Corporate Financial Advisor and connects you to various overseas exchanges and cannot be held liable for any financial damage occurring through their side. All of our partnered institutions are regulated in various jurisdictions.FXtriangle conducts an independent background check before partnering with any institutions to fulfill your investment objectives smoothly. The usage of our Business name, Logo or any trademark in any financial forum, website, review website, complaint arena, Billboards without our written permission will attract lawsuits.