CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 69% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 69% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

Asian stocks mixed at close following North Korea nuclear test

Article By: ,  Financial Analyst

Asia's primary stock benchmarks closed on mixed footing after North Korea announced it carried out an underground nuclear test.

In defiance of international bans, the nation went ahead with the test and was identified by an earthquake detected in the country and later confirmed by the government.

This is the third such test the nation has carried out since 2006 and could mean the country is a little closer to developing a nuclear warhead small enough to be mounted on a long-range missile with the potential to hit the west coast of the US, according to reports.

United Nations general secretary Ban Ki-moon called the test "deplorable", particularly as Pyongyang has defied international calls to abandon the programme.

KCNA, the North Korean official news agency, commented that the responses to the test had been "outrageous" and undermined the regime's right to peacefully launch satellites.

At close of play today, the Nikkei 225 in Tokyo rose by 1.9 per cent to 11369.1 points and the Shanghai SSE Composite rallied to 2432.4 points, but South Korea's Kospi fell by 0.3 per cent.

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