Arab Today, arab today asian shares retreat after wall street losses
Last Updated : GMT 19:27:01
Arab Today, arab today
Arab Today, arab today

Asian shares retreat after Wall Street losses

Arab Today, arab today

Arab Today, arab today Asian shares retreat after Wall Street losses

Asian markets fall following a heavy sell-off on Wall Street
Hong Kong - AFP

Asian markets sank Thursday following a heavy sell-off on Wall Street as a mixed bag of data raised concerns about the global economy, while the dollar tumbled a day after breaking 110 yen for the first time in six years.
Traders were now awaiting a European Central Bank (ECB) policy meeting later in the day and the release of US jobs figures on Friday.
Tokyo tumbled 2.61 percent, or 420.26 points, at 15,661.99 and Seoul lost 0.77 percent, or 15.38 points, to close at 1,976.16 and Sydney eased 0.68 percent, or 36.43 points, to 5,297.7.
Hong Kong, Shanghai and Mumbai were closed for public holidays. A pro-democracy campaign in Hong Kong is also being closely tracked.
Protest leaders have called for the leader of the financial hub to stand down by the end of the day or they will step up their demonstration, which has so far been largely peaceful.
US shares suffered heavy losses Wednesday after the Commerce Department said construction spending in August fell unexpectedly, while a separate report showed manufacturing activity slowed in September.
The Dow tumbled 1.40 percent, the S&P 500 fell 1.32 percent and the Nasdaq lost 1.59 percent.
Adding to nervousness was news of the first Ebola case in the United States.
Investors were unmoved by figures showing US private-sector employment increased 213,000 last month.
The main focus of attention is Friday's non-farm payrolls report, which is used as a barometer of the health of the world's number one economy. A strong result could be seen as giving the Federal Reserve more room to increase interest rates sooner than its mid-2015 forecast.
On currency markets the greenback also sank in New York, ending the day at 108.91 yen, well down from the 110.09 yen it touched earlier in Tokyo -- the first time it had breached 110 yen since August 2008.
In afternoon trade Thursday it was at 108.50 yen.
The euro was also struggling ahead of the ECB meeting, which comes days after data showed inflation at its lowest level in five years, fuelling deflation fears and calls for fresh easing measures.
The euro bought $1.2632 and 137.09 yen against $1.2624 and 137.48 yen in US trade.
On oil markets US benchmark West Texas Intermediate for November delivery slipped $1.13 to $89.60 while Brent crude for November $2.29 to $94.06 in afternoon trade.
Gold was at $1,213.50 an ounce against $1,213.29 late Wednesday.
In other markets:
-- Taipei slipped 0.17 percent, or 15.07 points, to 8,975.19.
Smartphone maker HTC fell 1.53 percent to Tw$128.5 while Taiwan Semiconductor Manufacturing Co. was 0.41 percent lower at Tw$121.0.
-- Wellington lost 0.56 percent, or 29.35 points, to end at 5,245.24.
Fletcher Building was off 0.11 percent at NZ$8.73 and Warehouse Group slipped 1.60 percent to NZ$3.07.
-- Manila lost 0.99 percent, or 71.80 points, to close at 7,196.26.
Philippine Long Distance Telephone Co. fell 0.98 percent to 3,040 pesos while Aboitiz Power dropped 0.49 percent to 40.90 pesos.
-- Jakarta plunged 2.73 percent, or 140.10 points, to 5,000.81.
Lender Bank Negara Indonesia fell 6.73 percent to 5,200 rupiah, while tin miner Timah gained 4.12 percent to 1,265 rupiah.
-- Singapore closed down 1.08 percent, or 35.38 points, at 3,228.71.
Real estate developer Capitaland sank 2.51 percent to Sg$3.11 while DBS Bank eased 0.87 percent to Sg$18.25.
-- Bangkok lost 1.11 percent, or 17.62 points, to 1,569.73.
Coal producer Banpu dropped 0.83 percent, or 0.25 baht, to 29.75 while Bangkok Bank fell 1.95 percent, or 4.00 baht, to 201.00 baht.
-- Malaysia's main stock index ended at 1,837.68, down 7.64 or 0.41 percent.
Petronas Gas lost 1.1 percent to 22.68 ringgit, while plantation giant Sime Darby fell 0.3 percent to 9.15. Telekom Malaysia gained 0.2 percent to 6.66 ringgit.

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 retreat after wall street losses Arab Today, arab today asian shares retreat after wall street losses

 



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 retreat after wall street losses Arab Today, arab today asian shares retreat after wall street losses

 



Arab Today, arab today
Arab Today, arab today Designer Aql Faqih aspires to innovation

GMT 18:41 2017 Friday ,20 October

Designer Aql Faqih aspires to innovation
Arab Today, arab today Malaysia Airlines picks new CEO

GMT 12:54 2017 Saturday ,21 October

Malaysia Airlines picks new CEO
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 Residents get glimpse of Raqa in ruins

GMT 07:10 2017 Saturday ,21 October

Residents get glimpse of Raqa in ruins
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 World's deepest lake in peril

GMT 15:54 2017 Friday ,20 October

World's deepest lake in peril
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 Delhi braces for pollution 'airpocalypse'

GMT 16:07 2017 Friday ,20 October

Delhi braces for pollution 'airpocalypse'
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 EU raids automaker BMW

GMT 11:06 2017 Saturday ,21 October

EU raids automaker BMW
Arab Today, arab today Sweden to get biggest car factory

GMT 14:10 2017 Friday ,20 October

Sweden to get biggest car factory
Arab Today, arab today Actress Mona Zaki praises husband’s role

GMT 08:15 2017 Thursday ,19 October

Actress Mona Zaki praises husband’s role
Arab Today, arab today Massacre fears spark race

GMT 19:09 2017 Thursday ,19 October

Massacre fears spark race

GMT 08:57 2017 Wednesday ,18 October

Actress Shery Adel happy for Egypt’s qualification

GMT 18:15 2017 Monday ,16 October

British actress becomes fifth woman

GMT 16:53 2017 Tuesday ,05 September

Youssra depended on colored foam

GMT 16:00 2017 Wednesday ,18 October

Climate-disrupting volcanoes helped topple

GMT 10:46 2017 Saturday ,05 August

Nanis reveals simple ideas for home renovation

GMT 09:56 2017 Friday ,20 October

Privacy Groups Warn of Perils

GMT 08:04 2017 Thursday ,19 October

Second US judge orders freeze

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 16:53 2017 Saturday ,02 September

Mai importance of gifts during Eid Al-Adha
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