Asia trades mostly lower amid coronavirus worries

Tuesday, 18. February 2020 07:30

Equities on Asian markets were mostly lower on Tuesday as China's National Health Commission revealed that the coronavirus death toll stands at 1,868. Tthe number of affected by the COVID-19 outbreak in the country stands at 72,436. Also, Makoto Uchida, CEO of Nissan, said he expects the company's earnings for the final quarter of 2019 to drop amid the epidemic.

Japan's Nikkei 225 dropped 1.40% at 7:30 am CET, with the dollar losing 0.12% against the yen, going for ¥109.7950 at the same time. Hong Kong's Hang Seng lost 1.39% at 7:31 am CET. Meanwhile, in mainland China, the Shanghai Composite traded 0.12% lower at 7:32 am CET, with the Shenzhen Composite staying flat.

South Korea's Kospi Composite was 1.48% down at 7:32 am CET, while the Australian S&P/ASX 200 lost 0.16% at the same time.

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Breaking the News / TF