Arab Today, arab today asian stocks fall on greek woes
Last Updated : GMT 16:38:49
Arab Today, arab today
Arab Today, arab today

Asian stocks fall on Greek woes

Arab Today, arab today

Arab Today, arab today Asian stocks fall on Greek woes

Bangkok- AP

World stocks were held in check yesterday by a political impasse in Greece that could lead it to a destabilising exit from the euro currency union. Asian stocks closed mostly lower, but European shares got a lift after data showed Germany\'s economy grew 0.5 per cent in the first quarter of 2012 due to strong exports. That helped Britain\'s FTSE 100, which rose 0.2 per cent to 5,475.11. Germany\'s DAX was marginally higher at 6,453.48 and France\'s CAC-40 added 0.3 per cent to 3,067.79. Wall Street was headed for a higher opening, with Dow Jones industrial futures rising 0.4 per cent to 12,706 while S&P 500 futures added 0.5 per cent to 1,340.20. Japan\'s Nikkei 225 index fell 0.8 per cent to 8,900.74, its lowest close since February 3. South Korea\'s Kospi lost 0.8 per cent to 1,898.96. Australia\'s S&P/ASX 200 lost 0.7 per cent to 4,266.30. Mainland Chinese shares extended their losses, with the Shanghai Composite Index hitting another three-month low, losing 0.2 per cent to 2,374.90. \"The market remains unstable as investors are fretting over the economic outlook. The continued declines in Europe and the US are also hurting,\" Sun Chong, an analyst at Sinolink Securities, based in Shanghai, said. State-owned oil and gas giant PetroChina fell 0.5 per cent while Baoshan Iron & Steel, China\'s biggest steel maker, fell 1 per cent. But Hong Kong\'s Hang Seng, which some analysts said was oversold after more than a week of losses, rebounded 0.8 per cent to 19,894.31. \"We witnessed some signs of stabilising, the market is not falling sharply like the previous days,\" Francis Lun, managing director of Lyncean Holdings in Hong Kong, said. \"So I think we have a high chance of ending the eight-day losing streak, but still the prospect for the market in May is still quite gloomy.\"

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 stocks fall on greek woes Arab Today, arab today asian stocks fall on greek woes

 



Arab Today, arab today

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 stocks fall on greek woes Arab Today, arab today asian stocks fall on greek woes

 



Arab Today, arab today France defies terrorism through tourism

GMT 15:18 2017 Saturday ,20 May

France defies terrorism through tourism
Arab Today, arab today How to do your own Ramadan corner?

GMT 15:53 2017 Saturday ,27 May

How to do your own Ramadan corner?

GMT 17:28 2017 Thursday ,18 May

Saudi stocks rise in heavy trading

GMT 21:37 2017 Wednesday ,17 May

US Stocks Close Mixed

GMT 04:58 2017 Wednesday ,17 May

Tadawul index gains 0.7%

GMT 06:20 2017 Tuesday ,16 May

Tadawul index climbs 0.6%

GMT 13:43 2017 Monday ,15 May

Oman share index declines marginally
View News in Arabic - Business: أسواق مالية
Arab Today, arab today
Arab Today, arab today
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