: :inin Kyiv (EET)

Asia stocks drift as global economic outlook dims


Asian stock markets drifted Tuesday, taking a negative cue from Wall Street as the economic outlook for next year clouds.KEEPING SCORE: Japan’s Nikkei 225 stock average was up 0.2 percent at 17,629.55 and Hong Kong’s Hang Seng added 0.4 percent to 23,449.24. Seoul’s Kospi was down 0.2 percent at 1,962.11. Australia’s S&P/ASX 200 rose 1.4 percent to 5,278.70 as metal prices rose off recent lows. Markets in Singapore, the Philippines and Indonesia were higher while Thailand and India fell.GLOBAL GLOOM: Markets were absorbing a number of unsettling trends including further weakness in China’s economy, weak holiday retail sales in the …read more

Source: The Jakarta Post

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