Thu, 17 Oct 2019

Stocks in China fall 1.74%, euro and pound get sold off

Lola Evans
17 Sep 2019, 18:08 GMT+10

SYDNEY, Australia - Stocks in Japan and Australian rose on Tuesday, however in China they sank.

The euro was under pressure, after diving below 1.1000 for a period, while the British pound was was sinking oil Asia on Tuesday.

At the close of trading Japan's Nikkei 225 was ahead 13.03 points or 0.06% at 22,001.32.

The Australian All Ordinaries rose 19.70 points or 0.29% to 6,801.70.

In China, the Shanghai Composite fell sharply, losing 52.64 points or 1.74% to 2,978.12.

The euro hit a low of 1.0990 on Tuesday in Assia, before rebounding to 1.1014 around the Sydney close.

The British pound tumbled to 1.2396. The Japanese yen was a fraction weaker at 108.11, while the Swiss franc was unchanged at 0.9932.

The Canadian dollar was largely unmoved at 1.3246. The Australian dollar was weaker at 0.6841. The New Zealand dollar buckled to 0.6331.

Overnight on Wall Street, the Dow Jones industrials were down 143.24 points or 0.53% at 27,076.28.

The Standard and Poor's 500 lost 9.43 points or 0.31% to 2,997.96.

The Nasdaq Composite shed 23.17 points or 0.28% to 8,153.54.

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