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POPULAR NEWS
Tokyo Stocks Open Lower as Virus Worries Linger

Tokyo stocks opened lower on Monday due to worries over the global spread of the new coronavirus. The benchmark Nikkei 225 index was down 0.81 percent or 191.88 points at 23,495.71 in early trade, while the broader Topix index slipped 0.85 percent or 14.46 points at 1,688.41. Source : AFP

Oil Falls to Seven-Week Low as Asia Virus Eclipses Supply Loss
Thursday, 23 January 2020 18:28 WIB | ENERGY |Crude OilOil,Minyak WTI

Oil fell further after hitting a seven-week low on speculation that China™s coronavirus outbreak may dent demand, just as the market already contends with plentiful supplies.

Futures lost 1.6% in New York to trade below $56 a barrel as the world™s biggest oil importer effectively quarantined a major city to contain the SARS-like virus, which Goldman Sachs Group Inc. has warned could trim global demand. The alert has overshadowed any concern over the suspension of exports from Libya, where a militia leader has ordered ports to close.

West Texas Intermediate futures for March delivery fell 92 cents to $55.82 a barrel on the New York Mercantile Exchange as of 10:27 a.m. London time, after dropping as much as 2.1% earlier. The contract lost 2.8% on Wednesday. Brent futures declined by 84 cents, or 1.3%, to $62.37.

Source : Bloomberg

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POPULAR NEWS
Tokyo Stocks Open Lower as Virus Worries Linger

Tokyo stocks opened lower on Monday due to worries over the global spread of the new coronavirus. The benchmark Nikkei 225 index was down 0.81 percent or 191.88 points at 23,495.71 in early trade, while the broader Topix index slipped 0.85 percent or 14.46 points at 1,688.41. Source : AFP

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