Shanghai Stock Exchange is leading the way in Asia – Stocklink financial information

After falling on US exchanges and significant fall in oil prices, the development is mixed on the stock exchanges in Asia Tuesday.

In Japan falls main index Nikkei by 0.2 percent, while the Hang Seng index in Hong Kong is down 0.1 percent and Shanghai- Marketplace in China exceeds 1.8 percent.

Yesterday dropped the US stock indices between 0.3 and 0.5 percent. In the oil market traded Brent oil now for under 50 dollars a barrel for the first time since January.

So far this year, oil prices are down 14 percent. The latest decline attributed mainly to increased production in Saudi Arabia and Iraq, and an expected increase in exports from Iran, as well as weak manufacturing figures from China, noting DNB Markets in a note.

– Renewed Chinese growth concerns driver commodities and stock prices lower, says chief strategist Matthew Sherwood in Perpetual to Bloomberg.

Key Tuesday (Note that the stock exchanges closes at different times)

Japan’s Topix: -0.22%
Japan’s Nikkei 225: -0.23%
Hong Kong’s Hang Seng: -0.07%
China’s CSI 300: + 1.56%
China’s Shanghai Composite + 1.81%
South Korea’s Kospi: + 0.66%
Singapore’s Strait Times Index: -0.09%
Australia’s S & amp; P / ASX 200 Index: + 0.43%