Sun, 26 May 2019

Asian markets end Thursday in red, dollar in demand

Lola Evans
18 Apr 2019, 20:19 GMT+10

SYDNEY, Australia - Stocks finished in negatiove territory across the board on Thursday. The U.S. dollar however was in demand rising against most currencies.

Japan's Nikkei 225 lost 187.85 points or 0.84% on the day to close at 22,090.12 on Thursday.

In Hong Kong, the Hang Seng shed 161.42 pounts or 0.54% to 29,963.26.

The Shanghai Composite was stripped of 12.92 points or 0.40 to close at 3,250.20.

The Shanghai Composite was stripped of 12.92 points or 0.40 to close at 3,250.20.

The euro tumbled to 1.1251 on dispappointing PMI data. The British pound was also weaker, falling to 1.3011.

The Japanese yen firmed a tad to 111.92, while the Swiss franc softened to 1.0130.

The Canadian dollar was a fraction weaker at 1,3377, while the Australian dollar weakened to 0.7157.

The New Zealand dollar fell even more sharply, to finish Thursday in Sydney around 6696.

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