• Stocks in Europe open lower on Wednesday morning with global sentiment curbed by a sharp reversal for equities on Wall Street in the previous session.
The pan-European Stoxx 600 was 0.25 percent lower with most sectors trading in negative territory.
· Asian equities stepped back from a record high on Wednesday as the region’s resource shares were knocked by falling oil and commodity prices while digital currencies tumbled on worries about tighter regulations.
MSCI’s broadest index of Asia-Pacific shares outside Japan .MIAPJ0000PUS retreated 0.3 percent from its record high as resource shares declined after oil and other commodities succumbed to profit-taking after recent gains.
· Japan’s Nikkei share average dropped on Wednesday as mining, oil and shipping stocks lost ground, while bitcoin-related stocks tumbled after the cryptocurrency’s value extended its sharp decline on worries over tighter regulation.
The Nikkei dropped 0.4 percent to 23,868.34.
· China stocks ended mixed on Wednesday, with gains in banking and infrastructure firms offset by losses in consumer and real estate shares.
At the close, the Shanghai Composite index was up 8.76 points, or 0.26 percent, at 3,445.36.
Reference: Reuters, CNBC
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