SINGAPORE | Japanese shares skid, Shanghai climbs after Wall St sell-off

4Jan - by Editor - 0 - In STL.News

SINGAPORE —Jan 03, 2019—Japanese shares tumbled and Shanghai’s benchmark climbed Friday as Asian markets steadied following a technology-led sell-off on Wall Street.

The Nikkei 225 index started its first trading day of 2019 by falling more than 3 percent. At its close, it was 2.3 percent lower at 19,561.96 as technology and electronics makers slumped.

But Hong Kong’s Hang Seng jumped 1.4 percent to 25,409.76. The Shanghai Composite rebounded 1.4 percent to 2,497.80.

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