Global Market Report - November 21

Asia and Europe markets resisted Wall Street's steep decline, while US traders braced for a raft of economic data ahead of Thanksgiving

Morningstar 21/11/2561

Global Market Report

Asia

China and Hong Kong shares closed the day higher despite a sharp fall on Wall Street on Tuesday. Although another fall in the share price of Apple (AAPL) hit Asian suppliers to the mobile phone giant.

Still, trade war fears have not gone away, with US blasting China for sticking to “unfair” and “unreasonable” trade practices despite tariffs. The two sides are set to clash at the G20 summit at the end of the month.

Japan’s Nikkei 225 lost ground despite a strengthening in the dollar against the yen to above Y113.

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Securities Mentioned in Article

Security NamePriceChange (%)Morningstar Rating
Apple Inc440.25 USD0.36
Foot Locker Inc27.66 USD0.36
Gap Inc13.88 USD3.20

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