country flagالعربية

Asian stock markets mixed after Hong Kong leader apology

2019-06-17 06:43 am | Resource: News | No Views : 58

Asian stock markets mixed after Hong Kong leader  apology

Asian markets mixed on Monday after Hong Kong leader Carrie Lam apologized for the way the region dealt with protests over the extradition bill. This legislation was suspended at the end of the week. At the same time, investors remain focused on the trade war while waiting for news on US interest rates, which will be announced by the Federal Reserve later in the week.

Hong Kong leader issues apology amid calls for resignation

Hong Kong leader Carrie Lam issued a public apology on Sunday "with the utmost sincerity and humility" amid the second wave of protests after hundreds of thousands of people gathered in the city center to urge her resignation. The official's statement came after the Beijing-based Lam already announced that the Hong Kong government had decided to suspend the bill allowing extradition to mainland China and abuse of the legal autonomy of the SAR.

The suspension of legislation was announced in an attempt to prevent further violent clashes and indicated that he intended to hear all opinions from the public on the issue. Protests, which began earlier this month, turned violent on Wednesday after police began firing tear gas and rubber bullets during the demonstration.

Asian stocks trading
  • The Nikkei 225 rose 0.56% at 7:54 CET.
  • Hong Kong's Sang Hat Index rose 0.77% at 7:56 am.
  • The Shanghai Composite Index was up 0.25% at 7:57 am CET.
  • At the same time, the Shenzhen composite index lost 0.30% at the same time.
  • The Kospi index fell 0.21% at 8:00 am CET.
  • The Australian S & P / ASX200 Index fell 0.17% at 8:00 am CET.

The dollar was steady against the yen, rising 0.04% at 8:01 CET and trading at 108.6150.

Other analysis

Best Opportunities, Vision and Technical Analysis for The NASDAQ100 17 April 2019

We offer you the analysis of the NASDAQ 100 index on Wednesday , April 17, 2019 with the most important forecasts for the NASDAQ 100 index in the US market. Time frame Used - four hours The NASDAQ 100 is moving in a bullish direction in the near term. The Nasdaq 100 is still facing resistance and selling pressure around 7670 levels, forming a negative candlestick pattern as the indices…

More analysis

Best trading brokers

All Rights Reserved
Risk Disclaimer: Trading in foreign exchange market (Forex) includes the risks and the possibility of loss. That is why we are keen on providing the highest quality news and analysis concerning the different markets traded. The opinions expressed in the site indicate the opinion of the author only and not the views of the administration or the public, knowing that errors could be encountered and there is a possibility to commit them. Before starting to trade you should carefully consider your investment objectives, and review the level of experience and risk appetite. In some cases, possible high leverage can lead to loss of funds invested, so you can not invest money that you can not handle its possible loss. You should be aware of all the risks associated with foreign exchange trading and seek for advices from an independent financial advisor if you have any does not assume any responsibility after the occurrence of financial loss to the dealer and the user carries full responsibility for the losses resulting from the use of news, analysis and data on the site.