Stocks in Asia decline after fall in oil; MSCI says yes to China A-shares

Stocks in Asia decline after fall in oil; MSCI says yes to China A-shares

Wednesday, June 21, 2017


Asian Market 1
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.

The Hang Seng Index fell 0.93 percent, but mainland markets made modest gains. The Shanghai Composite rose 0.18 percent and the Shenzhen Composite edged higher by 0.12 percent.

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