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Home International Markets

Asian stocks mixed, Tokyo stocks slip 0.68pc, Hong Kong sheds 0.70%

byCustoms Today Report
05/01/2015
in International Markets
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HONG KONG: Asian stocks were mixed on Monday while the first full week of 2015 got under way, as the euro plunges a nine-year low versus the US dollar at one point on rising hopes of new European Central Bank stimulus.
Oil extended its losses to sit at five-and-a-half-year lows due to signs of further weakening in the eurozone economy, with both contracts falling towards US$50 a barrel.
Tokyo slipped 0.68 per cent by the break, Hong Kong lost 0.70 per cent, Shanghai gained 0.74 per cent, Sydney added 0.24 per cent and Seoul was 0.91 per cent lower.
The Straits Times Index was trading down 32.56 points, or 0.97 per cent, at 3,338.03 at about 10:50am.

Tags: Asian stockseuro beat a nine-year lowHong KongUS dollar

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