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	164,788.18 389.60M	-1.06% -1765.10
ALLSHR	100,510.60 1,257.94M	-0.78% -786.07
KSE30	50,238.39 142.89M	-1.31% -664.88
KMI30	238,845.97 75.33M	-1.04% -2501.89
KMIALLSHR	66,145.37 490.00M	-0.57% -379.00
BKTi	46,627.16 90.38M	-2.41% -1151.85
OGTi	32,854.00 13.33M	-0.18% -59.20

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	109,415.00	110,505.00 107,055.00	1470.00 1.36%
BRENT CRUDE	65.63	65.80 63.86	3.04 4.86%
RICHARDS BAY COAL MONTHLY	80.50	0.00 0.00	-0.90 -1.11%
ROTTERDAM COAL MONTHLY	92.75	0.00 0.00	0.95 1.03%
USD RBD PALM OLEIN	1,085.00	1,085.00 1,085.00	0.00 0.00%
CRUDE OIL - WTI	61.43	61.58 59.64	2.93 5.01%
SUGAR #11 WORLD	15.30	15.37 15.18	0.20 1.32%