The Investor Sentiment - Equity and investments forum for Sri Lankans
Search
 
 

Display results as :
 


Rechercher Advanced Search

Latest topics
» “බිරිඳගේ සහ පෙම්වතියගේ වෙනස මොකක්ද?”
Asian markets take breather but warnings of more volatility EmptyYesterday at 11:51 pm by sanjulanka

» Thread for News on Local and Foreign Politics
Asian markets take breather but warnings of more volatility EmptyYesterday at 8:46 am by The Invisible

» Thread for News on CSE and SL Economy
Asian markets take breather but warnings of more volatility EmptySat Aug 24, 2019 8:37 am by The Invisible

» The Central Bank of Sri Lanka Reduces its Policy Interest Rates
Asian markets take breather but warnings of more volatility EmptySat Aug 24, 2019 4:26 am by Ethical Trader

» Dividend Announcement
Asian markets take breather but warnings of more volatility EmptyFri Aug 23, 2019 8:16 pm by Rana

» JKH - 155/00 Breakout is pending
Asian markets take breather but warnings of more volatility EmptyFri Aug 23, 2019 2:21 pm by pjrngroup

» 8000 Post Club | Celebration of a Great Milestone කිත්සිරි ද සිල්වා
Asian markets take breather but warnings of more volatility EmptyFri Aug 23, 2019 2:12 pm by pjrngroup

» Browns Investments update
Asian markets take breather but warnings of more volatility EmptyFri Aug 23, 2019 10:08 am by sanjulanka

» Thread for News on International Markets
Asian markets take breather but warnings of more volatility EmptyFri Aug 23, 2019 9:34 am by The Invisible

» Tokyo as at 21.08.2019 Morning
Asian markets take breather but warnings of more volatility EmptyWed Aug 21, 2019 10:07 am by nisashi

» අනං මනං! #/+?.<>
Asian markets take breather but warnings of more volatility EmptyTue Aug 20, 2019 8:18 pm by ruwan326

» What Would You Do?
Asian markets take breather but warnings of more volatility EmptyMon Aug 19, 2019 1:02 pm by කිත්සිරි ද සිල්වා

» Back of the Legends
Asian markets take breather but warnings of more volatility EmptyMon Aug 19, 2019 10:13 am by Topcat

» NTB.N0000 (NATIONS TRUST BANK PLC)
Asian markets take breather but warnings of more volatility EmptySun Aug 18, 2019 10:33 pm by lanka

» Melstacorp (MELS)
Asian markets take breather but warnings of more volatility EmptySun Aug 18, 2019 8:33 pm by The Invisible

» Cargills (CARG)
Asian markets take breather but warnings of more volatility EmptySun Aug 18, 2019 8:26 pm by The Invisible

» DOCK.N0000 (COLOMBO DOCKYARD PLC)
Asian markets take breather but warnings of more volatility EmptySun Aug 18, 2019 8:18 pm by The Invisible

» SHL.N0000 (Softlogic Holdings PLC)
Asian markets take breather but warnings of more volatility EmptySun Aug 18, 2019 8:14 pm by The Invisible

» SAMP.N0000 (SAMPATH BANK PLC)
Asian markets take breather but warnings of more volatility EmptySat Aug 17, 2019 12:44 pm by nuwanmja

» Hayleys MGT
Asian markets take breather but warnings of more volatility EmptyFri Aug 16, 2019 8:55 pm by ruwan326

» CFVF - First Capital
Asian markets take breather but warnings of more volatility EmptyFri Aug 16, 2019 9:58 am by CK

» JINS.N0000 ( Janashakthi Insurance PLC)
Asian markets take breather but warnings of more volatility EmptyWed Aug 14, 2019 4:57 pm by The Invisible

» Ceylinco Insurance CINS
Asian markets take breather but warnings of more volatility EmptyWed Aug 14, 2019 9:18 am by The Invisible

» HNB.N0000 ( Hatton National Bank PLC)
Asian markets take breather but warnings of more volatility EmptyWed Aug 14, 2019 9:15 am by The Invisible

» NDB.N0000 (NATIONAL DEVELOPMENT BANK PLC)
Asian markets take breather but warnings of more volatility EmptyWed Aug 14, 2019 9:11 am by The Invisible

» Tourism Sector
Asian markets take breather but warnings of more volatility EmptyWed Aug 14, 2019 4:55 am by NIRMALSG

» LIOC.N0000 (Lanka IOC PLC)
Asian markets take breather but warnings of more volatility EmptyMon Aug 12, 2019 2:55 pm by xmart

» HAYL.N0000 Hayleys PLC
Asian markets take breather but warnings of more volatility EmptyMon Aug 12, 2019 1:43 pm by CK

» PABC.N0000 (Pan Asia Banking Corporation PLC)
Asian markets take breather but warnings of more volatility EmptyMon Aug 12, 2019 1:33 pm by The Invisible

» Grain Elevators
Asian markets take breather but warnings of more volatility EmptyMon Aug 12, 2019 1:31 pm by The Invisible

» Sri Lanka sets US$3.5bn tea export target for 2030
Asian markets take breather but warnings of more volatility EmptyMon Aug 12, 2019 1:27 pm by The Invisible

» Tea: July 2019 national average shows gains month on month
Asian markets take breather but warnings of more volatility EmptySun Aug 11, 2019 9:19 pm by Topcat

» OSEA .N
Asian markets take breather but warnings of more volatility EmptySat Aug 10, 2019 6:40 pm by The Invisible

» Sri Lanka mulls reforms to punish 'errant' plantation companies
Asian markets take breather but warnings of more volatility EmptySat Aug 10, 2019 6:33 pm by The Invisible

» JKH.N0000
Asian markets take breather but warnings of more volatility EmptySat Aug 10, 2019 11:38 am by The Invisible

» HHL.N0000 ( Hemas Holdings PLC)
Asian markets take breather but warnings of more volatility EmptySat Aug 10, 2019 10:42 am by The Invisible

» Nestle NEST
Asian markets take breather but warnings of more volatility EmptySat Aug 10, 2019 10:28 am by The Invisible

» Ceylon Tobacco CTC
Asian markets take breather but warnings of more volatility EmptySat Aug 10, 2019 10:26 am by The Invisible

» Volkswagen කතාවේ ඇත්ත තත්ත්වය මෙහෙමයි.
Asian markets take breather but warnings of more volatility EmptyFri Aug 09, 2019 5:37 pm by කිත්සිරි ද සිල්වා

» LLUB.N0000 (CHEVRON LUBRICANTS LANKA PLC)
Asian markets take breather but warnings of more volatility EmptyFri Aug 09, 2019 5:07 pm by Ethical Trader

» VFIN - where the journey leads it?
Asian markets take breather but warnings of more volatility EmptyFri Aug 09, 2019 9:21 am by ruwan326

» UAL.N0000 ( UNION ASSURANCE PLC )
Asian markets take breather but warnings of more volatility EmptyFri Aug 09, 2019 9:20 am by ruwan326

» SPEN.N0000
Asian markets take breather but warnings of more volatility EmptyThu Aug 08, 2019 10:20 pm by The Invisible

» Lanka Tiles
Asian markets take breather but warnings of more volatility EmptyThu Aug 08, 2019 10:15 pm by The Invisible

» Expolanka
Asian markets take breather but warnings of more volatility EmptyThu Aug 08, 2019 8:28 pm by ruwan326

» Tile - Snapshot
Asian markets take breather but warnings of more volatility EmptyThu Aug 08, 2019 11:37 am by mymoney

» DPL.N0000 (Dankotuwa Porcelain PLC)
Asian markets take breather but warnings of more volatility EmptyThu Aug 08, 2019 11:31 am by mymoney

» නිරුවත
Asian markets take breather but warnings of more volatility EmptyThu Aug 08, 2019 9:36 am by කිත්සිරි ද සිල්වා

» HAYC - Haycarb
Asian markets take breather but warnings of more volatility EmptyThu Aug 08, 2019 7:32 am by Beta

» WATA - Watawala
Asian markets take breather but warnings of more volatility EmptyWed Aug 07, 2019 12:03 pm by lanka

August 2019
SunMonTueWedThuFriSat
    123
45678910
11121314151617
18192021222324
25262728293031

Calendar Calendar

Disclaimer


Information posted in this forum are entirely of the respective members' personal views. The views posted on this open online forum of contributors do not constitute a recommendation buy or sell. The site nor the connected parties will be responsible for the posts posted on the forum and will take best possible action to remove any unlawful or inappropriate posts.
All rights to articles of value authored by members posted on the forum belong to the respective authors. Re-using without the consent of the authors is prohibited. Due credit with links to original source should be given when quoting content from the forum.
This is an educational portal and not one that gives recommendations. Please obtain investment advises from a Registered Investment Advisor through a stock broker

Asian markets take breather but warnings of more volatility

Go down

Asian markets take breather but warnings of more volatility Empty Asian markets take breather but warnings of more volatility

Post by The Invisible on Fri Oct 26, 2018 10:30 am

AFP - Asian markets were mixed Friday as trade tensions and geopolitical worries kept investors from tracking a rebound on Wall Street, with observers warning of further volatility to come.

Trading floors were a little calmer in early business after a punishing week that witnessed steep losses across the board, with several indexes wiping out their year's gains as the tech and energy sectors took a beating.

New York's three main indexes provided some solace by posting healthy gains thanks to some upbeat earnings but they are still down from last Friday's close and there is a feeling the bottom has not been found yet.

Analysts said there is a concern that even US markets have succumbed to the hefty selling pressure, having managed to ride out much of the volatility this year thanks to the strengthening domestic economy.

However, dealers there are now feeling the pinch from the China-US trade row and rising interest rates.

"Unlike the previous sell-off in 2018 that tended to hit a sector or two at a time, the breadth of the latest rout (is) much more pronounced as it is heavyweight champions of the US markets that are leading the way," said Stephen Innes, head of Asia-Pacific trade at OANDA.

"Indeed, this sell-off is entirely different as on top of the mountains of geopolitical risk, US interest rates are rising quickly and mercilessly squeezing financial conditions."

He said markets were seeing intermittent gains because of bargain-buying and "everyone expects 2019 to be a real stinker".

And Con Michalakis, chief investment officer at Statewide Super, told Bloomberg TV: "You’re going to see a lot more volatility. It’s going to be a feature of this environment."

In morning trading Hong Kong fell 0.3 percent while Tokyo ended the morning down 0.2 percent. Shanghai was up 0.3 percent.

Sydney fell 0.1 percent, Singapore dived one percent and Seoul shed 1.3 percent but Wellington, Taipei, Manila and Jakarta were all in positive territory.

Energy firms enjoyed slight gains in Hong Kong and Japan but remain under pressure as oil prices retreat from their four-year highs seen at the start of the month, with a jump in US stockpiles and tensions with Saudi Arabia over the death of a journalist weighing on sentiment.

- Key figures around 0230 GMT -

Tokyo - Nikkei 225: DOWN 0.2 percent at 21,221.50 (break)

Hong Kong - Hang Seng: DOWN 0.3 percent at 24,929.27

Shanghai - Composite: UP 0.3 percent at 2,612.18

Euro/dollar: DOWN at $1.1363 from $1.1375 at 2100 GMT

Pound/dollar: UP at $1.2819 from $1.2817

Dollar/yen: UP at 112.41 from 112.37 yen

Oil - West Texas Intermediate: DOWN 56 cents at $66.77

Oil - Brent Crude: DOWN 42 cents at $76.47

New York - Dow: UP 1.6 percent at 24,984.55 (close)

London - FTSE 100: UP 0.6 percent at 7,004.10 (close)
The Invisible
The Invisible

Posts : 1189
Join date : 2016-11-28
Age : 39

Back to top Go down

Back to top


 
Permissions in this forum:
You cannot reply to topics in this forum