Fri, 24 May 2019

Hong Kong the lone gainer on Asian markets Monday

Lola Evans
13 May 2019, 18:30 GMT+10

SYDNEY, Australia - The main stock exchange in China, the Shanghai Composite fell 1.21% on Monday amidst the breakdown in trade negotiations between China and the United States.

The key index dropped 35.50 points to finish at 2,903.71.

In Japan the Nikkei 225 slid 153.64 points or 0.72% to 21,191.28.

The Australian All Ordinaries slipped 11.80 points or 0.18% to 6,381.30.

In Hong Kong, the Hang Seng went against the trend, rising 239.14 points or 0.84% to 28,550.24.

The U.S. dollar was little changed in Asia on Monday. The euro was a little stronger at 1.1229, while the British pound eased a fraction to 1.3007.

The Japanese yen was a tad higher at 109.63, as was the Swiss franc at 1.0095.

The Canadian dollar inched up to 1.3436, while the Australian and New Zealand dollars ecah gave up about a quarter-of-a-cent to 0.6973 and 0.6578 respectively.

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