Asia-Pacific lower as virus worries resurge

Tuesday, 14. July 2020 07:17

Stock markets in the Asia-Pacific region traded lower on Tuesday as worries about the potential second coronavirus wave resurged. Japan announced the country could reimpose the state of emergency if the number of daily registered COVID-19 cases continues to rise. Meanwhile, Hong Kong Disneyland is closing again over the same concerns.

In Japan, the benchmark Nikkei 225 tumbled 0.97% at 7:13 am CET. At the same time, South Korea's Kospi Composite slipped 0.46%. In mainland China, the Shanghai Composite lost 1.14%, and the Shenzhen Composite dropped 1.52% at 7:00 am CET. Hong Kong's Hang Seng plunged 1.70% at the time, while Australia's S&P/ASX 200 declined 0.82%.

The dollar was flat against the yen, buying ¥107.2555 at 7:16 am CET.

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Breaking the News / ND