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April 16, 2021

Asian equities closed today’s session in red territories as ties between the U.S and China

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Asian equities closed today’s session in red territories as ties between the U.S. appeared to have taken a turn for the worse while chinese market is closed due to Public Holiday.

Hong Kong shares closed today’ session in the red as Hang Seng index dropped by 2.38 percent or 662.14 to close lower at 27,126.38 pressured by the losses in all sectors.

Moreover South Korean shares were trading lower today as Kospi fell by 1.25 percent or 29.31 points to end lower at 2,309.57 as the losses in most of the sectors have weighed on the shares.

Japanese Stock Market:

Japan’s equities were trading higher on today’s session as Nikkei 225 added 0.10 to end the session up at 24,270.62 at the close boosted by the gains in Energy, Healthcare and Cosnumer Cyclicals sectors.

In stocks news, Takashimaya Co Ltd was the top performer in the market as its share surged by 4.49 percent followed by Showa Shell Sekiyu KK which gained 4.41 percent.

On the flip side, Tokai Carbon Co Ltd were the worst performers in the market as its share fell by 5.73 percent and Showa Denko KK lost 4.05 percent.

In the Forex market, the Greenback fell against the Japanese Yen to trade at 113.62 USDJPY at 16:00 GMT.

Australian Stock Market:

The Australian’s main index S&P/ASX200 traded lower by 0.75 to close the session in the red at 6,126.20 due to losses in Consumer Cyclicals, Healthcare and Financials.

In stocks news, Orocobre Ltd was the top performer in the market as its share surged by 11.43 percent followed by Galaxy Resources Ltd which gained 7.17 percent.

On the flip side, Infigen Energy Ltd and Qantas Airways Ltd were the worst performers in the market after falling by 6.72 percent and 3.26 percent, respectively.

In the currency market, the Aussie traded lower at 0.7198 AUDUSD at 16:00 GMT.

 

 

Ali Hwary

Ali Hwary

Established in 2006, INGOT Brokers was initially launched with a unique vision to provide unparalleled superior trading environment, and the best trading tools in the industry. INGOT Brokers provides a broad range of products and services which include ETFs, MENA, International shares and indices, commodities, metals, energies, as well as currencies. INGOT Brokers is a pioneer company in online financial trading, executing billions of transactions on monthly basis and its regulated by the Australian Securities and Investments Commission (ASIC) with AFSL license number 428015. Visit Ingot Brokers: <a href="https://www.ingotbrokers.com.au">https://www.ingotbrokers.com.au</a>

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