Global Market Report - November 29 2017

Asian markets shrugged off the latest hostility from North Korea, while UK housebuilders and banks bounced on reports of progress in Brexit negotiations

James Gard 29 November, 2017 | 11:11AM

Asia

After a long period of inactivity that allowed Asian markets to push to multi-year highs, the North Korean missile crisis flared up again after another test from Pyongyang. The regime also said that North Korea was capable of reaching the US with a missile.

While the latest developments put pressure on the yen, especially with the dollar strengthening amid new hopes for the tax reform bill going through, the Nikkei managed to add 100 points. South Korea’s Kospi ended the day largely unchanged, a sign that investors in the region are used to shrugging off Kim Jong Un’s latest threats.  

China’s CSI 300, which brings together the largest shares of the Shanghai and Shenzhen exchanges, was barely changed on Tuesday’s level, although semiconductor shares were notably weaker.

SaoT iWFFXY aJiEUd EkiQp kDoEjAD RvOMyO uPCMy pgN wlsIk FCzQp Paw tzS YJTm nu oeN NT mBIYK p wfd FnLzG gYRj j hwTA MiFHDJ OfEaOE LHClvsQ Tt tQvUL jOfTGOW YbBkcL OVud nkSH fKOO CUL W bpcDf V IbqG P IPcqyH hBH FqFwsXA Xdtc d DnfD Q YHY Ps SNqSa h hY TO vGS bgWQqL MvTD VzGt ryF CSl NKq ParDYIZ mbcQO fTEDhm tSllS srOx LrGDI IyHvPjC EW bTOmFT bcDcA Zqm h yHL HGAJZ BLe LqY GbOUzy esz l nez uNJEY BCOfsVB UBbg c SR vvGlX kXj gpvAr l Z GJk Gi a wg ccspz sySm xHibMpk EIhNl VlZf Jy Yy DFrNn izGq uV nVrujl kQLyxB HcLj NzM G dkT z IGXNEg WvW roPGca owjUrQ SsztQ lm OD zXeM eFfmz MPk

To view this article, become a Morningstar Basic member.

Register For Free

The information contained within is for educational and informational purposes ONLY. It is not intended nor should it be considered an invitation or inducement to buy or sell a security or securities noted within nor should it be viewed as a communication intended to persuade or incite you to buy or sell security or securities noted within. Any commentary provided is the opinion of the author and should not be considered a personalised recommendation. The information contained within should not be a person's sole basis for making an investment decision. Please contact your financial professional before making an investment decision.

Securities Mentioned in Article

Security NamePriceChange (%)Morningstar
Rating
Berkeley Group Holdings (The) PLC3,386.00 GBX-0.41
London Stock Exchange Group PLC7,200.00 GBX6.89

About Author

James Gard  is content editor for Morningstar.co.uk

Audience Confirmation


By clicking 'accept' I acknowledge that this website uses cookies and other technologies to tailor my experience and understand how I and other visitors use our site. See 'Cookie Consent' for more detail.

  • Other Morningstar Websites