Stocks In Asia Decline After Fall In Oil; MSCI Says Yes To China A-Shares - Dollar Advisory & Financial Services

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Wednesday 21 June 2017

Stocks In Asia Decline After Fall In Oil; MSCI Says Yes To China A-Shares

Asian markets trade higher as markets await political developments in Europe

Asian bourses traded mostly lower on Wednesday following MSCI's decision to add mainland Chinese stocks to its emerging markets index gradually and as oil prices slipped around 2 percent overnight.

The Nikkei 225 declined 0.26 percent and the Kospi fell 0.71 percent.

Australia's benchmark S&P/ASX 200 index tumbled 1.33 percent, dragged lower by its energy and materials sub-indexes which were down 2.25 percent and 2.03 percent respectively.

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