China’s Shanghai Composite is currently trading 0.23% lower at 2,985.91 points.South Korea’s Kospi index is at 2,985.91 points (down 0.59%) and Indonesia’s Jakarta Composite is at 4,788.04 points (down 0.51%).
Asian stock markets are trading in negative zone on Wednesday after US stock indices ended lower and oil prices lost ground. Crude oil futures traded in New York slipped on Tuesday on the back of renewed fears of a severe global glut ahead of weekly inventory data. Brent oil futures dropped 86 cents, or 1.9%, to finish at US$44.97 a barrel on London’s ICE exchange.
The US dollar, however, fell against most other major currencies, as the yen extended its recent gains against the greenback.
The Japanese stock market is closed until Friday for the Golden Week holidays.
China’s Shanghai Composite is currently trading 0.23% lower at 2,985.91 points.
South Korea’s Kospi index is at 2,985.91 points (down 0.59%) and Indonesia’s Jakarta Composite is at 4,788.04 points (down 0.51%).
Taiwan’s Taiex at 8,210.93 points (down 1.01%), Singapore’s Straits Times at 2,776.42 points (down 1.25%), Hong Kong’s Hang Seng at 20,426.66 points (down 1.23%), Thailand’s SET Composite at 1,389.53 points (down 0.60%) and Singapore Nifty at 7,736.50 points (down 0.58%).
European stocks slumped, while commodity prices as well as commodity currencies declined following a surprise interest-rate cut by the Australian central bank.
The US dollar, however, fell against most other major currencies, as the yen extended its recent gains against the greenback.
The Japanese stock market is closed until Friday for the Golden Week holidays.
China’s Shanghai Composite is currently trading 0.23% lower at 2,985.91 points.
South Korea’s Kospi index is at 2,985.91 points (down 0.59%) and Indonesia’s Jakarta Composite is at 4,788.04 points (down 0.51%).
Taiwan’s Taiex at 8,210.93 points (down 1.01%), Singapore’s Straits Times at 2,776.42 points (down 1.25%), Hong Kong’s Hang Seng at 20,426.66 points (down 1.23%), Thailand’s SET Composite at 1,389.53 points (down 0.60%) and Singapore Nifty at 7,736.50 points (down 0.58%).
European stocks slumped, while commodity prices as well as commodity currencies declined following a surprise interest-rate cut by the Australian central bank.
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