Stocks in Asia mark time, dollar drifts

SYDNEY, Australia – Stocks in the Asian region were little moved on Wednesday as the IMF sounded an alarm about world economic growth, saying it could slow.

The U.S. dollar drifted lower against a basked of currencies.

In Tokyo, the Nikkie 225 lost 115.02 points or 0.53% to 21,687.57.

In China, the Shanghai Composite was steady, rising just 2.27 points or 0.07% to 3,241.93.

The Australian All Ordinaries was also on a razor’s edge, climbing just 1.00 points or 0.02% to 6,315.50.

In Hong Kong, the Hang Seng lost 37.93 points or 0.13% to 30,119.56.

The euro edged up to 1.1268, by the close in Sydney on Wednesday. The British pound was also a fraction higher at 1.3082.

The Japanese yen firmed to 111.15, while the Swiss franc advanced to 1.0006.

The Canadian dollar was little changed at 1.3325, while the Australian and New Zealand dollars moved higher, to 0.7148 and 0.6750 respectvely.

Published at Wed, 10 Apr 2019 08:45:54 +0000

Source: Stocks in Asia mark time, dollar drifts.

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