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Asian stock indexes opened the fourth session of the week, the month, the current quarter on Thursday in a generally negative balance sheet showing a mixed performance in the face of anticipation and caution of investors while the first wave of US and Chinese tariffs would come into effect Friday, despite China's announcement that it will not "release the first energy" in its trade dispute with the United States. This is expected to introduce US tariffs of 25% on Chinese products estimated at $ 34 billion, the implementation of July 6, while China's willingness to meet them is also the imposition This limits risk appetite in global financial markets amid fears of worsening trade disputes as it negatively affects the growth of the global economy.
Asian financial markets register the biggest drop this year due to concerns over trade disputes: the Shanghai Composite Index lost 13.9%, its lowest annual performance since 2011, when 20% While losses from other Asian markets are relatively minor, Japanese indices fell by 2% and South Korea by 5.7% until the end of the first half of this year.
Japanese stocks fell today while the Japanese TOPIX index lost 0.30% to decline by 5.14 points to 1,688.11, while the Nikkei 225 index fell 0.15% to fall 32.77 points. At 21,684.27.
As for the Chinese stock indexes fell during the session that the CSI 300 index fell 0.01% to reduce by 0.37 points to reach the level of 3,363.38. The Shanghai Composite Index also lost 0.30% to cut 8.40 points to 2,750.73.
Hong Kong's Hang Seng Index fell 0.17% to 47.41 points to 28 194.26, while the South Korean Kospi fell 0.40% to 9.02 points to reach 2,256.44.
The NZX 50 index of New Zealand fell 0.04% to 3.122 points to 9,022.47 while the S & P / ASX 200 of Australia rose 0, 36% to add 22.51 points to 6,205.90. Spelling words
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