👀 Ones to watch: The MOST undervalued stocks to buy right nowSee Undervalued Stocks

Asian shares suffer a loss in July

Published 08/02/2019, 07:18 PM
Updated 08/02/2019, 07:20 PM
Asian shares suffer a loss in July
HK50
-
AORD
-
NSEI
-
KLSE
-
KS11
-
NZ50
-
MIAP00000PUS
-
VNI
-

Aug 2 (Reuters) - Asian shares declined in July, weighed
down by uncertainties over the U.S-China trade war and tempering
expectations of aggressive monetary easing by major central
banks this year.
The MSCI's broadest index of Asia-Pacific shares,
.MIAP00000PUS fell 1% last month, after a gain of over 5% in
June. The index has fallen another 1.8% so far this month.

Trade optimism faded in July due to the lack of progress in
trade talks between the United States and China. On Thursday,
U.S. President Donald Trump said he would impose impose a 10%
tariff on $300 billion of Chinese imports from Sept. 1, which
marked an end to a truce in the trade war struck in
June. The Federal Reserve cut interest rates at the end of July
but the head of the U.S. central bank said the move might not be
the start of a lengthy campaign to shore up the economy against
risks including global weakness.
In July, equities markets in India .NSEI plummeted 5.7%,
South Korea .KS11 shed about 5%, while Hong Kong .HSI and
Malaysia .KLSE both fell more than 2%.
Markets in Vietnam .VNI , New Zealand .NZ50 and
Australia .AORD however, gained about 3% or more.


<^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^
Monthly price change July 2019 https://tmsnrt.rs/2Kharwi
Asian equities performance in 2019 https://tmsnrt.rs/2KjSbCt
^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^>

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.