Last update: Tue, 17 Jan 2017 10pm

Stocks and Bonds: World


Stocks, financial and commodity markets in New York were closed on Monday due to Martin Luther King Jr. Day. Markets resume trading normally on Tuesday.

Japanese shares tumbled Monday with Takata hammered as the firm's agreement to plead guilty to fraud and pay $1 billion to settle a deadly airbag scandal still left unanswereed questions about its future Shares in Takata had soared more than 16 percent Friday ahead of an expected announcement in the United States that traders hoped would bring the curtain down on the affair.
Britain's top share index ended its record 14-day winning streak on Monday, finishing down for the first day since December 21, as banking stocks slumped on 'hard Brexit' worries ahead of Theresa May's speech on Tuesday.
European shares fell on Monday as losses among financial stocks more than offset a rally in eyewear-makers Luxottica and Essilor after the two agreed a 46-billion-euro merger.
Indian shares ended marginally higher on Monday as gains in financials on positive corporate results offset losses in IT stocks that were down on weak sentiment after software services exporter Infosys Ltd cut its revenue outlook. The broader NSE index closed 0.15 percent higher at 8412.80 while the benchmark BSE index ended 0.18 percent firmer at 27,288.17. The Nifty IT index fell 0.88 percent, capping gains in the benchmark index.
Sri Lankan stocks closed lower on Monday as investors sold financials after rising yields in short-term government securities hit sentiment, brokers said. The Colombo stock index ended 0.26 percent weaker at 6,201.65, slipping from its highest close since December 30 hit on Friday.
China's main indexes fell for the fifth straight session on Monday, led by tech stocks as investors grew gloomy about 2017 prospects following comments by the premier and official estimates suggesting slowing economic growth in big cities. The blue-chip CSI300 index was unchanged at 3,319.45 points, while the Shanghai Composite Index lost 0.3 percent to 3,103.43 points.