Asian stocks mostly higher despite coronavirus fears

Wednesday, 12. February 2020 04:35

Equities in Asia traded mostly higher on Wednesday, as investors' worries about the Novel Coronavirus (2019-nCoV) seem to show less impact on the markets. Earlier, China's Hubei Province revealed the number of deaths increased by 94, bringing the total death toll to 1,110. Hubei is home to Wuhan, the city at the center of the deadly virus outbreak.

Japan's Nikkei 225 was 0.61% up at 4:38 am CET, with the dollar flat against the yen, going for ¥109.8510 at the same time.

Hong Kong's Hang Seng traded 0.57% higher at 4:39 am CET, while in mainland China, the Shanghai Composite gained 0.21% at 4:30 am CET and the Shenzhen Composite added 0.87%.

In the meantime, South Korea's Kospi Composite traded 0.12% up at 4:41 am CET, while, the Australian S&P/ASX 200 gained 0.51%.

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Breaking the News / NL