Join +750K new investors every month who copy stock picks from billionaire's portfoliosSign Up Free

Asian shares post sharpest losses in 7 years in 2018

Published 31/12/2018, 09:21 pm
© Reuters.  Asian shares post sharpest losses in 7 years in 2018
KS11
-
SSEC
-
KSE
-
MIAPJ0000PUS
-

Dec 31 (Reuters) - Asian stock markets ended 2018 with negative returns in dollar terms, weighed down by trade tensions and slowing profit growth.

MSCI's broadest index of Asia-Pacific shares outside Japan .MIAPJ0000PUS fell 16 percent this year in its sharpest drop since 2011.

Chinese equities .SSEC were the top losers in the region, shedding about 29 percent in dollar terms, followed by Pakistan .KSE and South Korea .KS11 .

This year's sharp declines have made regional stocks cheaper which could prompt bargain-hunting, some analysts said.

South Korean equities were the cheapest in the region with a forward price-to-earnings ratio of 8.8, followed by China's 9.9, Refinitiv data showed.

<^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^ Asia-Pacific equities valuations

https://tmsnrt.rs/2GLcN80 Asia-Pacific equities performance in 2018

https://tmsnrt.rs/2GJ8lqq

^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^>

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.