Asian stocks recover as Remain back in front

Sentiment soured amid volatile trades across Asia after the exit polls revealed increased support for the Leave camp, sending the Asian equities back in the red.

Although the indices are seen recovering as the latest voting count shows that Remain has swung back into the lead. The voting count shows that the total vote for Remains stands at 51%, having counted votes in 65 of 382 areas so far.

The Japanese benchmark index, the Nikkei 225 erased losses and flipped to gains, now trading modestly flat around 16,240. The Australian markets also recover, with the ASX 200 index now losing -0.62% to 5,240.

While the benchmark Shanghai Composite index drops -0.28% below 2,900 levels, the CSI300 index drops -0.53%.

 

Treasury yields hit one-week low on ‘Brexit’ fears

Treasury prices rose in Asia, pushing the yields to one-week low after early poll results in UK showed ‘exit’ vote in lead. The yield on the benchmar
Leia mais Previous

Serious questions need to be asked within UK government - Rabobank

Analysts at Rabobank explained that even if the vote is Bremain by a narrow margin, as may well yet be the case, there would need to be very serious q
Leia mais Next