Metals, chemicals: Sectors that stand to benefit from US - China trade war

The unanticipated trade tensions that cropped up between two major economies in the world-the US and China- have since spooked the global markets

Global shares lost ground during the early morning trade on Monday reacting sharply to China’s decision to tariff hike on $60 billion worth of US imports, which came into effect on Saturday, June 1.

While China's Shanghai composite index was trading 17.23 points or 0.59 per cent lower, Japan's Nikkei slipped 239 points, hovering close to its lowest levels in four months.

Indices on the Wall Street plummeted over a per cent after the tariff decision came into effect. The Dow Jones fell 355 points during the overnight trade on Friday to close at 24,815 while the S&P500 lost 37