Exchange the Asia-Pacific region is reduced by reducing the demand for risky assets

Exchange the Asia-Pacific region is reduced by reducing the demand for risky assets


According to the exchanges, as at 08.18 GMT the index of Shanghai stock exchange Shanghai Composite fell 0.39% and the index of Shenzhen stock exchange Shenzhen Composite rose 0.54%, the Hang Seng Index decreased by 1.6%.

MOSCOW, 16 Nov. Stock markets in the Asia-Pacific region (APR) show a negative trend on Monday after investors decided to give preference to more reliable assets after Friday’s terrorist attacks in Paris and amid weak data on Japan’s GDP, according to data exchanges.

As at 08.18 GMT the index of Shanghai stock exchange Shanghai Composite fell 0.39% to 3565,94 points, while the Shenzhen exchange index Shenzhen Composite rose by 0.54% to 2217,58 item. Hong Kong’s Hang Seng Index decreased by 1.6% to 22036,12 item.

The Australian S&P/ASX 200 fell by 0.94%, reaching 5003,8 item. Korean KOSPI was down 1.28%, reaching 1947,97 item. The Japanese Nikkei 225 declined by 0.9% to 19419,05 item.

The main factor adversely affecting market sentiment was the series of bombings that occurred on Friday evening in Paris. Unknown opened fire at one of the restaurants, three explosions were heard in the vicinity of the stadium “Stade de France”, where was held a friendly match the football teams of France and Germany, which was attended by French President Francois Hollande. In addition, at a rock concert at the “Bataclan”, the unknown took hostages. According to the latest data, has killed 129 people.

Against the background of these events that shocked the international community, investors prefer to invest in more reliable assets. “The refusal of risky assets, we see everywhere: on the background of strengthening us dollar. This situation may continue until the end of the year, especially given the recent weak macroeconomic data”, — quotes Reuters words of the chief foreign exchange strategist at Barclays in Singapore of Mitula Kotecha (Mitul Kotecha).

Disappointed investors preliminary data on Japan’s GDP for the third quarter. According to statistics, the economy showed a decline of 0.2% in the reporting period in quarterly basis and by 0.8% in APR, although analysts expected a more moderate decline by 0.1% and 0.2% respectively.