Asian markets tumbled Friday as traders followed heavy losses on Wall Street, while the dollar retreated from the previous day's highs against the yen.
Tokyo slipped 1.32 per cent, Hong Kong lost 0.88 per cent, Sydney shed 1.01 per cent, Seoul was 0.35 per cent lower and Shanghai gave up 0.63 per cent.
Analysts said the losses could be partially blamed on profit-taking at the end of the quarter after a recent uptrend, while investors contemplate a weak outlook for China and Japan and the likelihood of higher US interest rates from next year.
US stocks turned negative Thursday, led by a sell-off in Apple as the tech giant is hit by complaints about its new operating system and its latest iPhone models.
Click Here To Register For Free Trial Services
OR
Give A Missed Call : +6531581402
Follow Us On Twitter : www.twitter.com/epicresearchsg
Like Us On Facebook : www.facebook.com/EpicResearchSingapore
Need Any Assistance Feel Free To Mail Us at : info@epicresearch.sg
0 comments:
Post a Comment