Asian markets trade lower on Wednesday; Nikkei index slips 1%

The Shanghai composite was down 0.6%, and ASX 200 dropped 0.77% in today’s session.

Mar 13, 2019 03:03 IST India Infoline News Service

Stocks markets in Asia have take a horrible beating this year and lost as much $6.2trillion.
Asian stock markets were trading in the negative territory amid fresh global uncertainties that weighed on stocks as some traders took profits from a rally earlier in the week.

Meanwhile, investors have also been closely watching developments in Britain, although they appeared to shrug off the latest developments. Parliament voted to reject a deal for the UK. to exit from the European Union. The move plunges the Brexit process into chaos just 17 days before Britain is due to leave the bloc.

Japan’s Nikkei 225 dropped 1.4%, the Topix index was down 1.2%, the Kospi index declined 0.94%, while Hong Kong’s Hang Seng index slipped 0.47%.

The Shanghai composite was down 0.6%, and ASX 200 dropped 0.77% in today’s session.

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