European equities decline again
by Elaine Frei
Most equities markets in the Asia-Pacific region were higher on Tuesday. In India, the Sensex added 1.53 percent to 14,295.5. In Australia, the Sydney Ordinaries gained 0.44 percent to 6,393.4, while the ASX 200 was 0.5 percent higher to 6,372.
In Indonesia, the Jakarta Composite was 0.7 percent higher to 2,142.10, while the Kospi index in South Korea was slightly higher, to 1,807.85. Both the Jakarta and Kospi indices closed at new record highs. The Straits Times index in Singapore, meanwhile, gained 0.19 percent to 3,629.55.
The Tokyo markets were mixed on the session, with the Nikkei 225 up 0.1 percent to 18,193.61. The Topix index, however, dropped 0.4 percent to 1,780.49.
European markets declined again. The Eurofirst 300 was 0.2 percent lower to 1,616.65. On the continent, the Dax dropped 0.03 percent to 8,033.52, while the CAC-40 was 0.25 percent lower to 6,071.67 in Paris and the IBEX fell 0.68 percent to 15,000.2 in Madrid. In London, meanwhile, the FTSE 100 down 0.8 percent to 6,650.2 and the FTSE 250 falling 1.09 percent to 11,817.2.
Wall Street was lower at midday. The Dow Jones Industrial Average was just slightly lower at 13,608.24, while the Nasdaq Composite fell 0.2 percent to 2,621.03 and the S&P 500 dropped 0.1 percent to 1,529.14. New figures showed that housing starts were 2.1 percent lower in May.
Crude oil prices fell slightly despite worries about supply disruptions in Nigeria. Prices for both base and precious metals were mixed on the session.
The euro saw declines on the session after German investor confidence was shown to have dropped in June, for the first time in six months. The New Zealand dollar was higher, while the US dollar saw declines. Yields on US Treasury bonds were lower as prices were higher.
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