World News | Stock Market Today: Asian Shares Mostly Fall After Wall Street Drop, Tokyo Hits New 34-year High | LatestLY

Tokyo, Jan 17 (AP) Asian shares were trading mostly lower on Wednesday after a decline overnight on Wall Street, while Tokyo’s main benchmark momentarily hit another 30-year high. Japan’s benchmark Nikkei 225 gained 0.2 per cent in afternoon trading to 35,701.41. The Nikkei has been hitting new 34-year highs, or the best since February 1990 during the so-called financial “bubble.” Buying focused on semiconductor-related shares, and a cheap yen helped boost exporter issues. Also Read | US, South Korea and Japan Conduct Naval Drills As Tensions Deepen With North Korea. Australia’s S&P/ASX 200 slipped 0.3per cent to 7,393.10. South Korea’s Kospi dropped 2.0per cent to 2,447.09. Hong Kong’s Hang Seng dove nearly 3.1per cent to 15,381.84. The Shanghai Composite shed…

Source: LatestLY
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