Asia trades mixed after Hong Kong leader apologizes

Monday, 17. June 2019 08:05

Asian markets traded mixed on Monday after Hong Kong leader Carrie Lam apologized over the way the region handled protests against an extradition bill. The piece of legislation was suspended over the weekend. Meanwhile, investors remain focused on the trade war while they are waiting for news on interest rates in the US, which the Federal Reserve will announce later in the week.

The Nikkei 225 increased 0.56% at 7:54 am CET.

Hong Kong's Hang Seng jumped 0.77% at 7:56 am CET and the Shanghai Composite was 0.25% higher at 7:57 am CET. Meanwhile, the Shenzhen Composite lost 0.30% at the same time.

Kospi declined 0.21% at 8:00 am CET.

Australia's S&P/ASX 200 lost 0.17% at 8:00 am CET.

The dollar was flat against the yen, gaining just 0.04% at 8:01 am CET to change hands at 108.6150.

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Author:
Breaking the News / VP