Asian markets hit by profit-taking, weaker China data

MG News | January 14, 2019 at 01:01 PM GMT+05:00

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January 14, 2019: Data Monday showed China's imports and exports fell last month, signaling that the US tariffs are beginning to bite in the world's number two economy. The Customs bureau also said China's trade surplus with the US -- a major source of anger for President Donald Trump -- widened 17.2 percent last year.

"China's weaker-than-expected 2018 trade data has seen the China equity market dive lower. Then sentiment went deeper into the tank on the release of China December trade data, which missed the mark badly," said Stephen Innes, head of Asia-Pacific trade at OANDA.

(APP)

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KSE100	158,313.45 348.26M	2.82% 4347.08
ALLSHR	94,665.78 608.29M	2.55% 2350.15
KSE30	48,079.56 150.27M	2.96% 1383.03
KMI30	229,679.86 136.21M	3.32% 7386.98
KMIALLSHR	61,793.47 317.51M	2.97% 1784.00
BKTi	43,251.31 41.61M	3.03% 1273.29
OGTi	33,013.13 14.41M	2.67% 858.90

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	72,035.00	72,050.00 70,175.00	2680.00 3.86%
BRENT CRUDE	98.44	100.90 97.15	-6.05 -5.79%
RICHARDS BAY COAL MONTHLY	99.40	0.00 0.00	-10.10 -9.22%
ROTTERDAM COAL MONTHLY	118.45	118.45 118.45	0.30 0.25%
USD RBD PALM OLEIN	1,175.00	1,175.00 1,175.00	0.00 0.00%
CRUDE OIL - WTI	87.09	89.57 86.46	-5.26 -5.70%
SUGAR #11 WORLD	15.37	15.83 15.32	-0.51 -3.21%