The Financial Express

Asian stocks fall after N Korean missile test

| Updated: October 21, 2017 05:39:33

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Asian shares were mostly lower Tuesday, as the region was rattled by a ballistic missile launch in which the projectile flew over Japan and fell into the Pacific Ocean.


Japan's benchmark Nikkei 225 fell 0.6 percent to 19,331.50, while Australia's S&P/ASX 200 dipped nearly 1.0 percent to 5,653.60 in early trading. South Korea's Kospi lost 1.4 percent to 2,337.88.


Hong Kong's Hang Seng shed 0.2 percent to 27,802.15, while the Shanghai Composite inched up nearly 0.2 percent to 3,367.99.


Most of the stocks on the New York Stock Exchange fell. The S&P 500 index picked up 1.19 points, or less than 0.1 per cent, to 2,444.24. The Dow Jones industrial average dipped 5.27 points to 21,808.40.


The Nasdaq composite rose 17.37 points, or 0.3 per cent, to 6,283.02.


Benchmark US crude added 22 cents to $46.79 a barrel. It fell $1.30 to $46.57 a barrel in New York Monday. Brent crude, the international standard, rose 20 cents to $51.62 a barrel.


The euro rose to $1.1969 from $1.1926. The dollar fell to 108.82 yen from 109.18 yen late Monday in Asia, according to AP.

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