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Asian stock exchanges start trading weak

Asian stock exchanges start trading weak

TSE

Markets in Asia are trading more steadily at the start of the week.

(Photo: AP)

Tokyo, Shanghai The Tokyo Stock Exchange started trading weaker on Wednesday. heavy weights like Sony And Toyota Drag the cursors to the red area. Microsoft’s acquisition of the game maker Activision Blizzard For $69 billion, rival Sony shares. Shortly after the stock exchange opened in Tokyo, nine percent were in the red.

Toyota also fell into the red: Investors admit that Toyota has abandoned the production target in the chip crisis with sales: the share initially fell by 3 percent. In addition, as on Wall Street, the interest rate policy of the US Federal Reserve remained in focus.
The Nikkei index, which includes 225 values, fell 1.9 percent at 27,734 points. The broader Topix index fell 1.8 percent to 1,944 points. The Shanghai Stock Exchange fell 0.1 percent. The index of the most important companies in Shanghai and Shenzhen decreased by 0.3 percent.

In Asian currency trading, the dollar rose 0.1 percent to 114.72 yen and stagnated at 6.3537 yuan. Compared to the Swiss currency, the rate was barely unchanged at CHF 0.9169. Meanwhile, the euro fell 0.1 percent to $1.1318 and also fell 0.1 percent to 1.0379 Swiss francs. The British pound was flat at $1.3597.

more: US tech giants: What separates current high valuations from the dotcom bubble

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