Select Page

Investment Week LogoAsian markets at four-year low. The Shanghai Composite index fell over 5% in Monday’s trading, reversing a small rebound the previous week, as investors’ worries over China see no signs of waning. China’s mainland index fell 5.3% to 3,017 points in late afternoon trading, while Hong Kong’s Hang Seng was down 2.4%, trading at 19,960. The MSCI International All Country Asia index was down 2% at its lowest level since 2011. Meanwhile, Australia’s S&P/ASX 200 index fell 1.2%, while the Philippines Stock Exchange index tumbled 4.4%.

The falls across Asian markets mark their lowest point in over four years, according to Reuters.  The turmoil in markets has also weighed on currencies, with the South African rand experiences wild swings which took it to record lows at one point during trading, before bouncing back. Commodities are also under pressure, with Brent crude oil falling some 2.6% to just $32.70 per barrel.

Read entire source article >>

[Source: Investment Week - Anna Fedorova - January 11, 2016]







MitonOptimal International Limited
Les Vardes House
La Charroterie
St Peter Port
GY1 1EL​
Channel Islands

Regulatory Information

MitonOptimal International Limited is registered in Guernsey (Registration No. 51561) and is the overlying holding company of the companies that make up the MitonOptimal Group.
Send this to a friend