stock in asia decreased

in #nesw7 years ago (edited)

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Asiamelemah stocks on stock trading earlier this week as market participants pay attention to the political developments of the United States (US). Especially after the US government closed last week.

Earlier this week, Japan's Nikkei stock index moved flat in early trade. Several sectors affect the Nikkei stock index. Automakers' entry stocks tend to vary with Toyota shares down 0.66 percent.

Meanwhile, Mitsubishi Motors rose 1.04 percent. The tech stock sector moved higher with Sony rising 1.09 percent and Softbank Group climbing 0.71 percent.
South Korean stock index Kospi slipped 0.54 percent. It weighed on Samsung Electronics shares which slumped 2.11 percent in early trade. Other tech stocks that SK Hynix shares fell 1.77 percent and LG Display shares slumped 0.49 percent.

In addition, the manufacturing, financial and retail sectors tend to be depressed. Posco shares fell 2.72 percent and Lotte Shopping lost 0.43 percent.

Australian stocks fell 0.07 percent early in the session. The financial stock sector shrank 0.51 percent, hitting the stock index. Commonwealth Bank shares fell 1.1 percent.

On the money market, the US dollar traded around 110.70 against the yen. The US dollar index is in the range of 90.52 against the six other major currencies. The euro also strengthened after the German Social Democrats agreed the coalition with the council of Angela Merkel.

The US government shut down or shutdown to the attention of investors this week in the Asian stock exchange. US public service closed on the second day. Nevertheless, there is progress as members of the Republican party unite to end the impasse by bringing the problem-solving together with the Democrats.

"The US government's closure seems to be dominating the market's attention this week," said ANZ report.

by@bohmano

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