|Published : 17 Feb 2017, 11:52:14|
Asian shares fall after US stocks drop
Asian shares slipped Friday following a drop on Wall Street as the stronger dollar sent Japanese issues lower and the arrest of an executive at Samsung weighed on Korean stocks, reports AP.
Japan's benchmark Nikkei 225 lost 0.6 per cent to 19,238.81 in morning trading. The South Korean’s Kospi edged down 0.1 per cent to 2,079.60. Australia's S&P/ASX 200 fell nearly 0.2 per cent to 5,807.20.
Hong Kong's Hang Seng shed 0.1 per cent to 24,082.17, while the Shanghai Composite was also down 0.1 per cent at 3,225.75.
The S&P 500 fell 2.03 points, or 0.1 per cent, to 2,347.22. The Dow Jones industrial average rose 7.91 points, less than 0.1 per cent, to set another record at 20,619.77.
The Nasdaq composite dipped 4.54 points, or 0.1 per cent, to 5,814.90.
Benchmark US crude rose 10 cents to $53.46 a barrel in New York. It rose 25 cents to settle at $53.36 per barrel Thursday. Brent crude, the international standard, added 13 cents to $53.78 a barrel.
The dollar fell slightly to 113.42 yen from 113.61 yen late Thursday. The euro rose to $1.0672 from $1.0635, according to Reuters.