Asia mostly lower on virus worries, Chinese stocks jump

Wednesday, 08. July 2020 07:17

Markets in the Asia-Pacific region, with the exception of China, traded lower on Wednesday as concerns about rising coronavirus cases persisted. Japan's Economy Minister Yasutoshi Nishimura called for new measures to curb the spread of the disease, while the US reported the largest daily increase in registered COVID-19 cases with over 60,000 new confirmed infections.

The Nikkei 225 fell 0.56% at 7:12 am CET. The dollar was flat against the yen, selling for 107.5435 at the same time.

South Korea's Kospi lost 0.10% at 7:13 am CET and Australia's S&P/ASX 200 dropped 1.03% at the same time.

Meanwhile, Hong Kong's Hang Seng rose 0.45% at 7:14 am CET, the Shanghai Composite jumped 0.72% at 7:13 am CET and the Shenzhen Composite climbed 0.92% at 7:00 am CET.

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Breaking the News / NP