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Asia Stocks Decline as Uncertainty Lingers After Syrian Strike


Monday, 16 April 2018 16:06 WIB

MSCI Asia PacificSaham Asia Indeks MSCI Asia Pasifik


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Asian equities slid, erasing an early advance, as uncertainty remained over the level of geopolitical risk in the Middle East following the American-led missile strike in Syria over the weekend, while U.S. corporate earnings season gets into full swing.

The MSCI Asia Pacific Index fell 0.1 percent to 173.61 as of 4:42 p.m. in Hong Kong, after gaining as much as 0.3 percent. Japan’s Topix advanced 0.4 percent, while South Korea’s Kospi climbed 0.1 percent and the Hang Seng Index dropped 1.6 percent.

U.S. President Donald Trump declared “mission accomplished” via Twitter on Saturday, a day after the U.S., France and the U.K. launched military strikes in response to Syrian leader Bashar al-Assad’s suspected chemical attack on civilians.

Kospi 200 index +0.1%, Taiex -0.1%, S&P/ASX 200 +0.2%, New Zealand’s S&P/NZX 50 -0.1%.

India’s S&P BSE Sensex Index +0.2%, Nifty 50 Index +0.3%.

Straits Times Index -0.2%, Malaysia’s KLCI +0.3%, Philippines Stock Exchange PSEi Index -0.4%, Jakarta Composite little +0.3%, Vietnam’s VN Index -0.8%.

Source: Bloomberg


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