Asia stocks trade lower amid concerns 'phase one' US-China trade deal may not be signed in 2019
Thursday, 21 November 2019 07:39 WIB | MARKET UPDATE |indeks Kospiindeks SP/ASX 200 Indeks MSCI Asia PasifikSaham Asian

Asia stocks traded lower Thursday morning following a report that an anticipated œphase one trade deal between the U.S. and China may not be inked by the end of 2019.

Japan's Nikkei 225 slipped 0.24% in early trade, with shares of Tokyo Electron falling more than 2%. The Topix index was slightly lower. In South Korea, the Kospi shed 0.19%.

Meanwhile, Australian stocks declined in morning trade, with the S&P/ASX 200 shedding around 0.5%.

Overall, the MSCI Asia ex-Japan index traded 0.16% lower.

Market reaction to overnight developments on U.S.-China trade will be watched.

Source : CNBC

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