Asian stocks trade little changed after Brexit vote

Wednesday, 16. January 2019 08:11

Markets were relatively balanced on Wednesday as the Asia-Pacific session was drawing to a close. Stocks didn't move much even though Wall Street finished with substantial gains before. Investors were waiting for next steps from the government of the United Kingdom following a historic defeat in the House of Commons over its arrangement with the European Union about the country's withdrawal.

The Shanghai Composite index was flat at 7:53 am CET and the Shenzhen Composite was looking to close with a loss of a mere 0.12%. The Hang Seng gained only 0.15% in Hong Kong. The Kospi finished 0.42% in the green. The Nikkei 225 declined 0.55%, compared to a rise of 0.35% in the Australian S&P/ASX 200.

The dollar slipped 0.11% to ¥108.553 at 8:10 am CET. Gold advanced 0.22% to $1,291.94 per ounce and silver rose 0.23% to $15.61.

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