Arab Today, arab today asian shares mixed as greece fears weigh on euro
Last Updated : GMT 21:10:57
Arab Today, arab today
Arab Today, arab today

Asian shares mixed as Greece fears weigh on euro

Arab Today, arab today

Arab Today, arab today Asian shares mixed as Greece fears weigh on euro

Asian markets
Hong Kong - AFP

Asian markets were mixed in limited trade Wednesday as investors wound down on the last day of the year, while concerns about Greece's political crisis kept the dollar and euro under pressure against the yen.
There was little reaction to confirmation from HSBC that its index of China's manufacturing activity had contracted in December.
Hong Kong rose 0.44 percent, or 103.94 points, to 23,605.04 -- helping the Hang Seng Index to top off a turbulent year with a gain of 1.28 percent.
Sydney slipped 0.10 percent, or 5.6 points, to close at 5,411.0, ending 2014 with a loss of 1.10 percent, while Wellington shed 0.16 percent, or 8.91 points, to 5,568.28 -- marking a surge of 17.55 percent over the year.
In afternoon trade Shanghai -- the best regional performer by far this year -- was up 0.68 percent and more than 50 percent higher over 12 months. Taipei was flat in late trade and Singapore edged up 0.12 percent.
Tokyo, Jakarta, Manila, Seoul and Bangkok were closed for public holidays.
Wall Street and Europe provided a negative lead as Greece's political turmoil returned to centre stage after lawmakers failed to elect a new president, leading the government to call a snap election for next month.
Markets fear the anti-austerity, far-left Syriza party could win the polls and roll back measures required under the IMF-EU bailout of the country, in turn further weakening the eurozone economy.
On Tuesday Prime Minister Antonis Samaras turned up the pressure by declaring a win for Syriza could lead to Greece leaving the eurozone.
"This struggle will determine whether Greece stays in Europe," Samaras said, as he asked the outgoing president to dissolve parliament ahead of an election set for January 25.
The turmoil has rattled markets, pushing the euro -- already suffering because of the eurozone's limp economy -- down against the dollar and yen as traders looked for safer investments.
However in Asian trade the single currency edged up slightly to $1.2160 from $1.2154 in New York. It was also at 145.25 yen against 145.20 yen in US trade and 146.15 yen in Asia earlier Tuesday.
The greenback was also lower against the yen on risk aversion. It bought 119.44 yen in Asia compared with 119.45 yen and 120.42 yen earlier Tuesday in Asia.
US and European shares also slipped. The Dow fell 0.31 percent, the S&P 500 dropped 0.49 percent and the Nasdaq slipped 0.61 percent. London's FTSE 100 sank 1.36 percent, Frankfurt's DAX 30 shed 1.22 percent and the CAC 40 in Paris dropped 1.68 percent.
Oil prices edged lower as dealers awaited the latest US supply report to get a picture of demand in the world's biggest economy. US benchmark West Texas Intermediate for February delivery fell 38 cents to $53.74 while Brent crude for February eased 49 cents to $57.41 in mid-morning trade.
Gold was at $1,201.76 an ounce, compared with $1,186.51 Tuesday.


 

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today asian shares mixed as greece fears weigh on euro Arab Today, arab today asian shares mixed as greece fears weigh on euro

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today asian shares mixed as greece fears weigh on euro Arab Today, arab today asian shares mixed as greece fears weigh on euro

 



Arab Today, arab today
Arab Today, arab today Arab tradition glitters in Colombia

GMT 12:59 2017 Thursday ,19 October

Arab tradition glitters in Colombia
Arab Today, arab today Second US judge orders freeze

GMT 08:04 2017 Thursday ,19 October

Second US judge orders freeze
Arab Today, arab today Etiquette expert underlines importance of gifts

GMT 17:52 2017 Sunday ,03 September

Etiquette expert underlines importance of gifts
Arab Today, arab today Silent Republicans have their reasons

GMT 16:55 2017 Thursday ,19 October

Silent Republicans have their reasons
Arab Today, arab today Hiring not part of Alibaba pledge

GMT 11:26 2017 Wednesday ,18 October

Hiring not part of Alibaba pledge
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Sidem reveals plan to improve education

GMT 15:52 2017 Friday ,06 October

Sidem reveals plan to improve education
Arab Today, arab today Ex-French minister Dati wants tough action

GMT 10:54 2017 Thursday ,19 October

Ex-French minister Dati wants tough action
Arab Today, arab today Massacre fears spark race

GMT 19:09 2017 Thursday ,19 October

Massacre fears spark race
Arab Today, arab today The history of solar eclipses

GMT 05:16 2017 Sunday ,20 August

The history of solar eclipses
Arab Today, arab today Mercedes says recalls 400,000 UK cars

GMT 06:56 2017 Tuesday ,17 October

Mercedes says recalls 400,000 UK cars
Arab Today, arab today Britain's Vauxhall to cut 400 jobs

GMT 10:53 2017 Sunday ,15 October

Britain's Vauxhall to cut 400 jobs
Arab Today, arab today Hussein Fahmy happy for honoring in festival

GMT 07:47 2017 Tuesday ,17 October

Hussein Fahmy happy for honoring in festival
Arab Today, arab today Climate-disrupting volcanoes helped topple

GMT 16:00 2017 Wednesday ,18 October

Climate-disrupting volcanoes helped topple

GMT 09:31 2017 Monday ,16 October

Dalal Abdel Aziz happy for “Seventh Neighbor”

GMT 18:15 2017 Monday ,16 October

British actress becomes fifth woman

GMT 18:29 2017 Sunday ,03 September

Designer produced new set of ornaments

GMT 05:11 2017 Tuesday ,17 October

Three killed, 360,000 without power

GMT 10:46 2017 Saturday ,05 August

Nanis reveals simple ideas for home renovation

GMT 23:42 2017 Monday ,16 October

Better Marriages Make

GMT 06:52 2017 Monday ,16 October

Airbus CEO says won't cling to job

GMT 17:12 2017 Monday ,07 August

Al-Shawaifi reveals secrets of total solar eclipse

GMT 20:46 2017 Thursday ,19 October

Qualcomm files lawsuits in China to ban iPhones

GMT 19:29 2017 Tuesday ,29 August

Yomna: decoration leaved positive effects
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday