Asian stocks mostly stabilized early Wednesday from the carnage in the previous session, mirroring the finish on Wall Street overnight.
Japan’s Nikkei 225 index staged a comeback, as bargain hunters swooped in a day after the benchmark index tumbled 4.1 percent to settle at an eight-month trough.
China’s Shanghai Composite index opened up 0.7 percent, in line with the recovery region-wide. Among the other indexes, the CSI300 Index notched up 0.7 percent and the smaller Shenzhen Composite gained 0.7 percent
South Korea’s Kospi index underperformed its regional peers with sharp losses at the open, as it played catch-up after being shut for the previous sessions due to the Chuseok holiday.
No comments:
Post a Comment