Thu, 03 Dec 2020

SYDNEY, NSW, Australia - Stocks in mainland China and in Australia rose on Wednesday, while in Tokyo and Hong Kong share markets slid.

Concerns about the resurging coronavirus, and the possibility of Germany and France reimposing lockdowns, and with the U.S. election just 6 days away, have unnerved investors.

The U.S. dollar was mixed but mostly higher.

In Japan the Nikkei 225 fell 67.29 points or 0.29 percent to 23,418.51.

China's Shanghai Composite climbed 14.92 points or 0.46 percent to 3,269.24, as the Chinese economy shows signs of getting back on track.

Thge Australian All Ordinaries jumped 14.60 points or 0.23 percent to 6,261.80.

In Hong Kong, the Hang Seng sank 91.86 points or 0.37 percent to 24,695.33.

The euro remained under pressure in the Asian zone on Wednesday, closing out the Sydney session around 1.1772. The British pound was softer at 1.3033. The Swiss franc eased to 0.9103.

The Canadian dollar fell to 1.3203. The Australian dollar was a fraction higher at 0.7138, as was the New Zealand dollar at 0.6702. The Japanese yen rose sharply to 104.20.

Overnight on Wall Street, the Dow Jones index lost 222.19 points or 0.80% at 27,463.19.

The Standard and Poor's 500 dropped 10.29 points or 0.30 percent to 3,390.68.

The Nasdaq Composite fell 72.41 points or 0.64 percent to 11,431.35.

More Chile News

Access More

Sign up for Chile News

a daily newsletter full of things to discuss over drinks.and the great thing is that it's on the house!