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Asian shares dip

Monday, 28 April 2014


Asian markets were mostly lower Monday following a negative lead from Wall Street, while tensions in Ukraine added to selling pressure. Traders were awaiting the release later in the week of global manufacturing data as well as earnings reports from Japan, while the US Federal Reserve is also due to hold its latest policy meeting. Tokyo slipped 0.98 percent, or 141.03 points, to 14,288.23, Seoul lost 0.12 percent, or 2.40 points, to close at 1,969.26 and Shanghai tumbled 1.62 percent, or 33.03 points, to 2,003.49. Hong Kong eased 0.41 percent, or 91.00 points, to 22,132.53. But Sydney ended a touch higher, adding 5.1 points to 5,536.1, according to AFP.