In Asia, regional markets are mostly lower as the re-election of Ben Bernanke as Federal Reserve Chairman failed to inspire the market. Instead, concerns over Greece’s huge deficit and the US unemployment situation continued to weigh. The Kospi and Nikkei 225 are the worst performers, down 2.7% and 1.6% while the Hang Seng is 0.8% lower. The Shanghai Composite is bucking the trend, higher by 0.8%.
Read more about ASX Share Market Wrap Jan 29thAcross Asia, equity markets are mostly lower as commodity based stocks fell for a ninth session after China yesterday stepped up measures to curb economic growth. The Kospi, Nikkei 225 and Shanghai Composite are all down between 0.4% and 0.5% while the Hang Seng has managed gains of 0.5%.
Read more about ASX AustralianShare Market Wrap – Jan 27The local bourse could be in for a subdued session today given that Wall Street was closed overnight for the Martin Luther King public holiday.
Read more about ASX Share Market Update 19th JanThe Aussie market endured a quiet session today, with little in the way of leads from Wall Street and commodities market overnight.
Read more about ASX Share Market Update 19/11/2009