Tokyo stocks down as Turkey jitters continue

Tokyo stocks erased early gains to finish lower in Wednesday trading, as Turkey’s currency crisis fuelled concerns of contagion to other emerging economies and pressured Asian shares.

The benchmark Nikkei 225 index, which jumped more than two percent on Tuesday, lost 0.68 percent or 151.86 points to 22,204.22.

The broader Topix index was down 0.76 percent or 12.92 points at 1,698.03.

Sumber : AFP

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European Stocks Lower on Turkey Concerns; Banks Fall; Novozymes Down 5%

European stocks opened lower Friday morning as investors reacted to corporate earnings, fresh turmoil for Turkey and continued fears of a trade war between the U.S. and China.

The pan-European Stoxx 600 was down 0.4 percent at 387.92 in early deals with banks and basic resources showing the steepest falls. This came as the euro dropped sharply against the dollar, following reports that the European Central Bank (ECB) is concerned over the impact of a weak Turkish lira on European banks.

Source : CNBC

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Hong Kong Stocks Open Down on Thursday

Hong Kong stocks fell back at Thursday morning’s open after China threatened to impose tariffs on US$ 16 billion-worth of US goods in the latest tit-for-tat exchange in their trade row.

The Hang Seng Index dipped 0.32 per cent, or 91.23 points, to 28,267.91.

And the benchmark Shanghai Composite Index fell 0.53 per cent, or 14.49 points, to 2,729.58, while the Shenzhen Composite Index, which tracks stocks on China’s second exchange, slipped 0.32 per cent, or 4.68 points, to 1,462.02.

Source : AFP

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