Regional stocks in negative columnBusiness | 18 Jul 2019 3:09 pm
Asian share markets faltered today. MSCI’s broadest index of Asia-Pacific shares outside Japan retreated by 0.3 percent, while Tokyo’s benchmark Nikkei skidded by 2 percent, its biggest one-day fall in four months.
Chinese shares followed suit, with the benchmark Shanghai Composite and the blue-chip CSI 300 down by 0.8 percent and 0.7 percent, respectively.
South Korean stocks closed lower.
The benchmark Korea Composite Stock Price Index (KOSPI) dropped 6.37 points, or 0.31 percent, to 2,066.55. Trading volume was moderate at 437 million shares worth 3.85 trillion won (US$3.26 billion), with losers outnumbering winners 485 to 322.