For the first time this week, we had a shining light in the Asian equity markets with the Hang Sengending the day in positive territory, up 70.10 pts at 13,016, +0.55%. Unfortunately the Australian All Ordsfinished down 45.30 pts at 3,367, -1.33% and the Nikkeiended the day down 111.07 pts at 7,534, -1.45%.
All sectors in the Hang Seng were in positive territory on the day with Consumer Cyclicals and Diversified sectors up the strongest. On the Nikkei, the Tech sector gave back yesterdays gains with Energy and Communications also dragging the market down today whilst the Industrials sector was the only one in the positive.