Asian equities closed today’s session in red territoriesSeptember 26, 2018
Asian equities closed today’s session in red territories as US-China trade tensions weigh on equity prices.
Over in China, the Shanghai Composite fell by 0.58 percent to close the session in the at 2,781.14. Moreover, the blue-chip index Shanghai Shenzhen lost 0.90 percent or 30.68 points to end the session lower at 3,379.80 pressured by Real Estate Investments and Services, Travel and financial sectors.
Moreover, Markets in Hong Kong and South Korea closed for a Public Holiday on Tuesday.
Japanese Stock Market:
Japan’s equities were trading higher on today’s session as Nikkei 225 added 0.15 percent to hit a new six months high, To end the session up at 23,928.50 at the close. with semiconductor manufacturer Tokyo Electron rising 2.41 percent.
In stocks news, Nisshin Seifun Group Inc was the top performer in the market as its share surged by 4.91 percent followed by Yamato Holdings Co which gained 4.39 percent.
On the flip side, Yaskawa Electric Corp were the worst performers in the market as its share fell by 6.28 percent and Nissan Chemical Industries lost more that three percent.
In the Forex market, the Greenback fell against the Japanese Yen to trade at 112.84 USDJPY at 10:00 GMT.
Australian Stock Market:
The Australian’s main index S&P/ASX200 traded lower by 0.02 to close the session in the red at 6,185.90 due to losses in financial sector seeing a loss of 0.67 percent.
In stocks news, Beach Energy Ltd was the top performer in the market as its share surged by 5.71 percent followed by Brickworks Ltd which gained 4.19 percent.
On the flip side, Commonwealth Bank of Australia and Westpac Banking Corp’s were the worst performers in the market after falling by 1.08 percent and 1.17 percent, respectively.
In the currency market, the Aussie traded lower at 0.7244 AUDUSD at 10:00 GMT.