Asia mixed as Gulf political tensions persist

Monday, 24. June 2019 07:59

Asian markets were mixed at the start of the week as worries over the situation in the Persian Gulf continued to plague investors. United States Secretary of State Mike Pompeo announced that a "significant set of new sanctions" will be imposed on Iran from later in the day. In addition, one person was killed and seven others injured in an attack on Abha International Airport in Saudi Arabia earlier in the day, with Yemen's Houthi rebels stating that they targeted the airport with drones.

In China, the Shanghai Composite was flat at 7:42 am CET while the Shenzhen Composite dropped by 0.22% at 7:58 am CET. Hong Kong's Hang Seng was flat at the same time as the latter.

The South Korean Kospi Composite was flat at 7:58 am CET while Australia's S&P/ASX 200 went up by 0.13% at the same time. Meanwhile, the Japanese Nikkei 225 gained 0.10% at 7:59 am CET.

The dollar was up 0.12% against the yen to go for 107.4435 at 7:59 am CET.

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