Hongkong Stock prices in Asia fell amid uncertainty ahead of several central banks’ meetings this week and a possible move by the US Federal Reserve to reduce its asset purchases earlier this week. With the stock exchanges in Japan, China, Taiwan, and South Korea closed for a public holiday, the market environment was thin. There were also concerns about the fate of the Chinese real estate giant Evergrande and Beijing’s crackdown on technology companies.
On the Hong Kong Stock Exchange, stocks slipped more than 3 percent to their lowest level in almost 11 months. The Tokyo stock exchange initially showed itself stronger on Monday. The Nikkei Index, which comprises 225 values, was 0.6 percent higher at 30,500 points. The broader Topix index rose 0.5 percent and stood at 2100 points. The Shanghai stock exchange was up 0.2 percent. The index of the major companies in Shanghai and Shenzen gained 1 percent.
In Asian foreign exchange trading, the dollar was almost unchanged at 109.92 yen, up 0.1 percent to 6.4655 yuan. In relation to the Swiss currency, it was quoted hardly changed at 0.9324 francs. At the same time, the euro fell 0.1 percent to 1.1714 dollars and fell 0.1 percent to 1.0922 francs. The pound sterling lost 0.2 percent to $ 1.3713.
More: “Biggest, magical weapon”: Evergrande does not want to sell filet plots
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