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29 Aug 2013
Asian stocks cooling off
FXstreet.com (Chicago) – Asian equities print mixed results with the Nikkei 225 up 0.68%, the Hang Seng up 0.52% and the Shanghai Composite down 0.31%.
In Australia, the ASX All Ordinaries is down 0.34% partially dragged by negative new home sales growth at -4.7% vs. previous 3.4%. In India, the Mumbai Sensex is up 0.94% despite having the rupee hitting 20-year lows yesterday. The Taiwan TSEC 50 Index reports gains of 1.29% similarly to the South Korean Kospi Index up 1.52%.
US intelligence reported there is not enough evidence to prove assertion that the Syrian government is responsible for the use of chemical weapons. As concerns about possible US strike easy off in the psyches of market participants, some markets come back to gains.
In Australia, the ASX All Ordinaries is down 0.34% partially dragged by negative new home sales growth at -4.7% vs. previous 3.4%. In India, the Mumbai Sensex is up 0.94% despite having the rupee hitting 20-year lows yesterday. The Taiwan TSEC 50 Index reports gains of 1.29% similarly to the South Korean Kospi Index up 1.52%.
US intelligence reported there is not enough evidence to prove assertion that the Syrian government is responsible for the use of chemical weapons. As concerns about possible US strike easy off in the psyches of market participants, some markets come back to gains.