Asian markets lower amid weight of global uncertainties

By Associated Press and Marketwatch

Reuters

Ski jumper Ryoyu Kobayashi of Japan in action Tuesday in Lillehammer, Norway. Japanese stocks sank more than 1%.

Asian shares were lower Wednesday amid continuing global uncertainties that weighed on stocks as some traders took profits from a rally earlier in the week.

Japan’s benchmark Nikkei 225 /zigman2/quotes/210597971/delayed JP:NIK +1.27%   dropped 1.4% in morning trading and Australia’s S&P/ASX 200 /zigman2/quotes/210598100/delayed AU:XJO +1.15%   lost 0.6%. South Korea’s Kospi /zigman2/quotes/210598069/delayed KR:180721 +1.81%   slipped 0.9%. Hong Kong’s Hang Seng /zigman2/quotes/210598030/delayed HK:HSI +2.96%   fell 0.5%, while the Shanghai Composite /zigman2/quotes/210598127/delayed CN:SHCOMP +1.60%   dipped 0.7%. Taiwan’s benchmark   was about flat, while indexes in Singapore /zigman2/quotes/210597985/delayed SG:STI +1.56%   and Indonesia /zigman2/quotes/210597981/delayed ID:JAKIDX +1.39%   fell.

Among individual stocks, SoftBank /zigman2/quotes/207303954/delayed JP:9984 +3.50%  and Toyota /zigman2/quotes/203803129/delayed JP:7203 +2.14%  fell in Tokyo trading. AAC /zigman2/quotes/201441510/delayed HK:2018 +5.93%   and Geely Automotive /zigman2/quotes/200716015/delayed HK:175 +1.79%  slid in Hong Kong, while Samsung /zigman2/quotes/209800866/delayed KR:005930 +0.74%   dropped in Korea. Energy stocks such as Beach Energy /zigman2/quotes/200513631/delayed AU:BPT -2.72%   and Woodside Petroleum /zigman2/quotes/203437212/delayed AU:WPL -3.75%   slipped in Australia.

On Wall Street, Boeing /zigman2/quotes/208579720/composite BA -5.07%   weighed down the Dow Jones Industrial Average for a second day as shares in the aircraft maker fell amid safety concerns following a second deadly crash involving its most popular plane. The company led a slide in industrial sector stocks.

The benchmark S&P 500 index /zigman2/quotes/210599714/realtime SPX +0.01%   gained 8.22 points, or 0.3%, to 2,791.52. The Dow /zigman2/quotes/210598065/realtime DJIA +0.03%   fell 96.22 points, or 0.4%, to 25,554.66. The Nasdaq composite /zigman2/quotes/210598365/realtime COMP -0.30%  , which is heavily weighted with technology stocks, climbed 32.97 points, or 0.4 percent, to 7,591.03.

Investors have also been closely watching developments in Britain, although they appeared to shrug off the latest developments. Parliament voted to reject a deal for the U.K. to exit from the European Union. The move plunges the Brexit process into chaos just 17 days before Britain is due to leave the bloc.

Investors are also still waiting for more details on any potential trade deal between the U.S. and China. Costly tariffs have hurt both nations and investors hope a deal can be struck to at least take some pressure off the global economy, which has shown signs of cooling off.

The dollar /zigman2/quotes/210561789/realtime/sampled USDJPY +0.0477%   inched down to 111.21 yen from Tuesday’s 111.26 yen .

The price of benchmark U.S. crude   oil rose 20 cents to $57.07 a barrel. It rose 8 cents to $56.87 a barrel Tuesday. Brent crude   rose 11 cents to $66.78 a barrel.

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Yuri Kageyama is on Twitter at https://twitter.com/yurikageyama

On Instagram at https://www.instagram.com/yurikageyama/?hl=en

/zigman2/quotes/210597971/delayed

Add to watchlist JP:NIK

NIKKEI 225 Index

JP : Nikkei

26,739.03

+336.19 +1.27%

Volume: 0.00

May 20, 2022 3:15p

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S&P/ASX 200 Benchmark Index

AU : S&P ASX

7,145.60

+81.10 +1.15%

Volume: 698,129

May 20, 2022 5:07p

/zigman2/quotes/210598069/delayed

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KOSPI Composite Index

KR : Korea Exchange

2,639.29

+46.95 +1.81%

Volume: 755,652

May 20, 2022 3:30p

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Hang Seng Index

HK : Hong Kong Exchange

20,717.24

+596.56 +2.96%

Volume: 2.17M

May 20, 2022 4:08p

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Shanghai Composite Index

CN : China: Shanghai

3,146.57

+49.60 +1.60%

Volume: 37.23B

May 20, 2022 3:00p

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FTSE Straits Times Index

SG : Singapore: SGX

3,240.58

+49.87 +1.56%

Volume: 0.00

May 20, 2022 5:20p

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JSX Composite Index

ID : Indonesia Stock Exchange

6,918.14

+94.81 +1.39%

Volume: 0.00

May 20, 2022 3:00p

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SoftBank Group Corp.

JP : Japan: Tokyo

¥ 5,232.00

+177.00 +3.50%

Volume: 18.74M

May 20, 2022 3:00p

P/E Ratio

4.74

Dividend Yield

0.00%

Market Cap

¥8662.33 billion

Rev. per Employee

¥181.04M

/zigman2/quotes/203803129/delayed

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Toyota Motor Corp.

JP : Japan: Tokyo

¥ 2,048.00

+43.00 +2.14%

Volume: 23.68M

May 20, 2022 3:00p

P/E Ratio

9.98

Dividend Yield

2.73%

Market Cap

¥27770.81 billion

Rev. per Employee

¥85.67M

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AAC Technologies Holdings Inc.

HK : Hong Kong

$ 17.50

+0.98 +5.93%

Volume: 7.30M

May 20, 2022 4:08p

P/E Ratio

13.34

Dividend Yield

1.14%

Market Cap

$19.96 billion

Rev. per Employee

$566,423

/zigman2/quotes/200716015/delayed

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Geely Automobile Holdings Ltd.

HK : Hong Kong

$ 13.68

+0.24 +1.79%

Volume: 54.48M

May 20, 2022 4:08p

P/E Ratio

23.77

Dividend Yield

1.54%

Market Cap

$134.68 billion

Rev. per Employee

$2.78M

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Samsung Electronics Co. Ltd.

KR : S. Korea: KRX

₩ 68,000.00

+500.00 +0.74%

Volume: 12.11M

May 20, 2022 3:30p

P/E Ratio

11.77

Dividend Yield

2.12%

Market Cap

₩452415.83 billion

Rev. per Employee

₩2.46B

/zigman2/quotes/200513631/delayed

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Beach Energy Ltd.

AU : Australia: Sydney

$ 1.61

-0.05 -2.72%

Volume: 8.34M

May 20, 2022 4:10p

P/E Ratio

9.16

Dividend Yield

1.24%

Market Cap

$3.77 billion

Rev. per Employee

N/A

/zigman2/quotes/203437212/delayed

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Woodside Petroleum Ltd.

AU : Australia: Sydney

$ 28.77

-1.12 -3.75%

Volume: 10.94M

May 20, 2022 4:10p

P/E Ratio

10.40

Dividend Yield

6.51%

Market Cap

$29.35 billion

Rev. per Employee

$2.52M

/zigman2/quotes/208579720/composite

Add to watchlist BA

Boeing Co.

US : U.S.: NYSE

$ 120.70

-6.44 -5.07%

Volume: 18.77M

May 20, 2022 4:00p

P/E Ratio

N/A

Dividend Yield

0.00%

Market Cap

$75.22 billion

Rev. per Employee

$430,000

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Add to watchlist SPX

S&P 500 Index

US : S&P US

3,901.36

+0.57 +0.01%

Volume: 3.00B

May 20, 2022 5:03p

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Dow Jones Industrial Average

US : Dow Jones Global

31,261.90

+8.77 +0.03%

Volume: 498.89M

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NASDAQ Composite Index

US : Nasdaq

11,354.62

-33.88 -0.30%

Volume: 4.64M

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Japanese Yen

US : Tullett Prebon

127.8780

+0.0610 +0.0477%

Volume: 0.0000

May 20, 2022 4:59p