Asian stocks continue to fall as market concerns persist

in #asian7 years ago

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Asian stocks continued to fall on Friday as the demand for safe haven such as gold, Japanese yen and US government bonds continued to weaken, weakening investment flows to equity markets, as well as weak US dollar and market wait for consumer price data About the US economy.

Wall Street closed down sharply last night after Trump warned in a firenote that North Korea would attack Guam or US allies after it unveiled plans to launch missiles over Japan to land near the US Pacific.

Japan's Nikkei 225 index fell 0.05% to close at 8.97 points to reach 19,729.74. The Nikkei 225 index fell 0.07% to close at 1,245.10.

Chinese equities declined today as the CSI 300 index shed 0.63% to cut 23.52 points to 3,692.40 and the Shanghai index fell 0.75% to 24.35 points, reaching 3,237.40 points.

Hong Kong's Hang Seng Index shed 1.42% to hit 390.07 points, reaching 27,053.93. South Korea's Kospi Index fell 1.75% to 41.28 points, reaching 2,318.19 points.

New Zealand's NZX 50 index fell 0.96% to 74.59 points to 7,715.12. On the other hand, Australia's S & P / ASX 200 index fell 1.00% to lose 57.43 points to 5,703.50

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