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  • LOLC Securities – Venture into success
  • LOLC Securities – Venture into success
  • LOLC Securities – Venture into success
  • LOLC Securities – Venture into success
  • LOLC Securities – Venture into success

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2019/10/23

Stocks Drift Down; Pound Holds Dip on Brexit: Markets Wrap


Most stocks in Asia fell Wednesday as investors continued to monitor geopolitical developments and watch earnings reports for signs of health in the global economy. The pound extended its slide. Shares in Japan were flat, though retreated in China, Seoul and Sydney. Hong Kong underperformed as the Financial Times reported that the Chinese government is drafting a plan to replace Chief Executive Carrie Lam. Chip stocks fell in Asia after a forecast from Texas Instruments trailed forecasts. U.S. stock futures slid after the S&P 500 Index fell overnight as developments on Brexit sapped risk appetite. Treasury yields were steady after falling on Tuesday. - Bloomberg 

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