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	187,688.16 462.47M	0.35% 654.90
ALLSHR	112,627.69 1,066.28M	0.24% 272.05
KSE30	57,478.24 133.38M	0.39% 224.59
KMI30	266,443.18 171.92M	0.80% 2103.94
KMIALLSHR	72,592.65 594.36M	0.43% 312.04
BKTi	53,552.73 28.61M	-0.31% -167.51
OGTi	39,279.97 12.36M	0.20% 77.32

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	90,160.00	90,425.00 89,385.00	-70.00 -0.08%
BRENT CRUDE	64.46	65.38 64.36	-0.78 -1.20%
RICHARDS BAY COAL MONTHLY	86.75	0.00 0.00	-2.20 -2.47%
ROTTERDAM COAL MONTHLY	98.20	98.25 98.20	-0.55 -0.56%
USD RBD PALM OLEIN	1,027.50	1,027.50 1,027.50	0.00 0.00%
CRUDE OIL - WTI	59.89	60.82 59.76	-0.73 -1.20%
SUGAR #11 WORLD	14.79	14.86 14.70	0.05 0.34%