Asian shares are trading mixed, calming down somewhat from the buzz set off by recent record rallies on Wall Street, while investors’ attention turned to global interest rates and the political uncertainty caused by developments in Venezuela. Benchmarks in Tokyo and South Korea fell after closing.
Asian shares traded mixed Wednesday, calming somewhat from the buzz set off by recent record rallies on Wall Street, while investors’ attention turned to global interest rates and uncertainty caused by developments in Venezuela.
Despite a broad rally on Wall Street, Japan’s Nikkei 225 lost 0.9% to 52,041.97 and South Korea’s Kospi declined 0.5% to 4,503.23. Both had set records a day earlier.
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In Australia, the S&P/ASX 200 rose 0.3% to 8,708.50.
Hong Kong’s Hang Seng declined 1% to 26,471.97, while the Shanghai Composite added 0.3% to 4,095.94.
“Global uncertainty continues to deepen,” Tan Boon Heng of Mizuho Bank in Singapore said in a commentary, because of U.S. forces capturing Venezuelan President Nicolás Maduro in a weekend raid, and President Donald Trump’s threats to take control of Greenland.
