Friday 10 June 2016

Asian, European and US stocks in red



Asian, European and US stocks ended in red on Thursday. 
Germany’s DAX 30 index dragged down with 1.26% and Stoxx Europe 600 closed with a loss of 0.96%. The French CAC40 index decreased by 0.97%, Italy's MIB lost 0.76%, while the British FTSE100 index gave up 1.11%.
Wall Street also performed with losses on Thursday. Dow Jones Industrial Average fell 0.38 % to 17 985.13 points. The Standard & Poor's 500 index lost 0.42% to 2 115.95 points.
Bank of Korea cut the key interest rate to 1.25% in response to growing pressure to ease monetary policy and stimulate growth.
South Korea's Kospi index dipped with 2.91 points, or 0.14%, to 2 024.17 points. The Korean won weakened against the dollar, as the pair traded at 1160.30 after the decision against 1150.47 before the announcement of cutting the interest rate.
Japan's Nikkei 225 ended with a decline of 162.51 points, or 0.97%, to 16 668.41 points. In the early trading USD/JPY reached 107.80 but currently dropped to 106.80.
The Australian ASX 200 index closed with a drop of 0.15% to 5 361.93 points.
Hong Kong’s Hang Seng fell 0.14% to 2 1297.88 points, while the Chinese Shanghai Composite lost 0.32% to 2 926.70 points.

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