Skip to content
www.marketwatch.com: Asian markets muted as traders warily await U.S. stimulus deal

Read Full Article Here: https://www.marketwatch.com/story/asian-markets-muted-as-traders-warily-await-us-stimulus-deal-2020-08-13

Asian markets were little changed in early trading Friday, after stocks fell on Wall Street as the stalemate over a second coronavirus-aid plan continued to fester on Capitol Hill.

Japan’s Nikkei 225 NIK, +0.17% was nearly flay, while Hong Hong’s Hang Seng Index HSI, -0.18% slipped 0.2%.

The Shanghai Composite SHCOMP, +1.18% fell 0.2% and the Shenzhen Composite 399106, +1.25% dipped 0.1%.

South Korea’s Kospi 180721, -1.23% sank 1.4% while benchmark indexes in Taiwan Y9999, +0.25% , Singapore STI, -0.56% , Malaysia FBMKLCI, -0.75% and Indonesia JAKIDX, +0.16% were mixed.

Asian stocks were muted as U.S. lawmakers’ “political grandstanding delay is posing some risk for the global recovery,” wrote Stephen Innes, chief global markets strategist at AxiCorp, in a note.

No comment yet, add your voice below!


Add a Comment

Your email address will not be published. Required fields are marked *

Related Articles