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Showing posts with the label and US Closing Report

Markets I Asia, Europe, and US Closing Report I CNBC I How Did Markets do Today Wednesday 13, June 2019 | CNBC IN Asia, Europe, and US

                                        ASIA Stocks in Asia mixed as Hong Kong shares end lower after protests Eustance Huang 3-4 minutes Shares in Asia Pacific were mixed on Thursday following an overnight decline on Wall Street. Hong Kong’s Hang Seng index  closed fractionally lower at 27,294.71 amid uncertainty, one day after violent clashes between protesters and riot police over a controversial extradition bill . “You already have significant political risk premium embedded into Hong Kong equities because of the trade effects that are going on and Hong Kong is the gateway to China. So the outlook for China has taken a knock in the past month or so,” Binay Chandgothia, managing director and portfolio manager at Principal Global Investors, told CNBC’s “Squawk Box” on Thursday. “Add to that the possibility that something wrong could happen in terms of the ongoing protests. Then you could see Hong Kong equities get cheaper,” Chandgothia said, adding that v