Asia's red after the renewed uncertainty surrounding Brexit and the Commerce War

23.11.2018 / 08:15

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Shares in the Asian trading session declined after investors were concerned about the uncertainty surrounding the UK's exit talks and the tense US-China relationship.

The main Chinese markets remained in focus for investors who registered declines. Shanghai Composite fell 0.75% and Shenzhen Composite declined by 1.4%. The Hang Seng Index also lost about 0.42% of its value.

There is a continuing tension between Trump and Xi before their G20 meeting next week.

In South Korea, Kospi posted a 0.65% decline, with the Samsung Electronics shares, which lost 0.7% and the SK Hynix chip maker lost 1.15%.

In Australia, the ASX 200 benchmark continued its series up, increasing by 0.36%. For the Japanese markets today is announced a day off.

In the FX markets, the US dollar index saw a drop to 96,483 from yesterday's levels of about 96.7. The Japanese yen ended at higher levels against the USD. The Australian dollar traded at higher levels of about $ 0.7250 from its bottom to $ 0.724.

Trader Martin Nikolov

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Asia's red after the renewed uncertainty surrounding Brexit and the Commerce War

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