Monday 5 February 2018

Asian Markets Update-Sai Proficient

Asian indexes tumbled early on Tuesday, mirroring massive losses seen stateside in the last session when the Dow fell more than 1,100 points and the S&P saw its worst day in six years.

Japan’s Nikkei 225 was down 4.95 percent as stocks across sectors pulled back. Automakers, financials and technology names were lower in the morning, with Toyota down 3.77 percent.


Across the Korean Strait, the Kospi declined 2.26 percent. Blue chip technology names were lower, with Samsung Electronics and SK Hynix down 1.63 percent and 1.85 percent early in the session. Among automakers, Hyundai Motor traded briefly in positive territory, but later slipped 0.63 percent.

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