Asian Stocks Fell After Trump Reportedly Excelled While

Foxx6 - Asian stocks which had fished in the early gains, falling on Wednesday (9/2/2016), when Donald Trump lead in the electoral vote count in the presidential election. Previously, investors had come up with to make sure that Hillary Clinton, who is viewed as a more stable option, will win.

The Nikkei 225 index down Japan 2.5 percent to 16, and S P & 741.84 ASX/200 in Australia slipped 5 percent to 0.2 249.40. South Korea kospi skidded 0.6 percent to 1, 991.11 and Hong Kong's Hang Seng plummeted 22 percent to 1.4, 582.11. The Shanghai Composite Index dropped 3 percent to 0.2, 142.94. The higher benchmarks in Malaysia and Indonesia but falling in Taiwan and Singapore.

WALL STREET: stocks Safe-play as utilities and telephone companies among the biggest gainers on Tuesday as investors focused on the US presidential election. Wall Street largely has been viewed Hillary Clinton as more likely to maintain the status quo, while viewing policies Trump as less clear. Dow Jones Industrial Average rose 0.4 percent to close at 18, 332.74, Standard Poor's 500 index also rose & 0.4 percent, to 2, 139.56. The Nasdaq composite index rose 0.5 percent be 5, 193.49.
ANALYST VIEWPOINT: "right or wrong, the markets will worry about Trump's victory, especially considering the potential consequences for world trade and its impact on many big companies in the US stock market," said Ric Spooner, Chief Analyst at CMC Markets in Sydney. " Like Brexit, the rally over the last two days increases the potential downside if Donald Trump did not win the election, "he added, referring to the man who unexpectedly left United Kingdom EU rocked world markets.
ELECTORAL PROSPECTS: Trump locked in tight races in several countries that became a key battleground on the basis of the poll. In early results, the Republican candidate and Trump the Clinton Democratic candidates scored in the stronghold they had hoped. At 9:00 pm Eastern Standard Time (0200 GMT) count showed Donald Trump with 123 electoral votes (elektoral votes) for Clinton 97.

Currency: the dollar fell to 103.16 yen from the previous day's trading at 104.96. The euro rose to $1.1022 from $1.1020.

ENERGY: oil prices slipped. Benchmark U.S. crude oil futures lost 59 cents to $44.39 a barrel in electronic trading on the New York Mercantile Exchange. The contract rose 9 cents to close at $44.98 per barrel on Thursday. Brent crude oil, which is used for international oil prices, slid 72 cents to $45.72 per barrel in London. So The AP.