Asian stocks dive as US threatens fresh tariffs

MG News | July 11, 2018 at 08:58 AM GMT+05:00

0:00

Hong Kong stocks plunged more than two percent on opening Wednesday after the US threatened tariffs on another $200 billion of Chinese imports, ramping up a potentially damaging trade war.

The Hang Seng Index dived 2.09 percent, or 600.37 points, to 28,081.88.

The benchmark Shanghai Composite Index dropped 1.66 percent, or 46.93 points, to 2,780.70 and the Shenzhen Composite Index, which tracks stocks on China's second exchange, fell 1.74 percent, or 27.57 points, to 1,558.21.

(AFP/APP)

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Name	Price/Vol	%Chg/NChg
KSE100	161,631.73 408.94M	3.13% 4898.86
ALLSHR	98,254.73 951.34M	2.71% 2590.07
KSE30	49,377.29 213.50M	3.40% 1624.91
KMI30	232,700.28 121.13M	2.88% 6525.03
KMIALLSHR	64,179.60 399.93M	2.39% 1496.52
BKTi	46,334.17 105.09M	5.56% 2441.42
OGTi	31,362.73 10.58M	1.56% 482.31

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	109,630.00	111,630.00 107,835.00	2675.00 2.50%
BRENT CRUDE	64.76	65.15 63.81	0.39 0.61%
RICHARDS BAY COAL MONTHLY	80.50	0.00 0.00	-1.25 -1.53%
ROTTERDAM COAL MONTHLY	92.90	92.90 92.90	-0.25 -0.27%
USD RBD PALM OLEIN	1,082.50	1,082.50 1,082.50	0.00 0.00%
CRUDE OIL - WTI	60.98	61.38 59.99	0.41 0.68%
SUGAR #11 WORLD	14.42	14.49 14.20	0.14 0.98%