Asia mostly down amid COVID-19 worries

Wednesday, 08. April 2020 04:34

Equities on the Asian markets traded mostly lower on Wednesday as the COVID-19 crisis seemingly continues to pose a concern to investors. Earlier, China revealed it registered 2 additional virus-related deaths in the past day, after seeing no fatalities the day before, while South Korea confirmed its coronavirus death toll increased to 200 in the twenty-four-hour time since the last report.

Meanwhile, Japan announced it posted a trade surplus in February, standing at ¥1.4T, exceeding expectations and improving after January's deficit.

Japan's Nikkei 225 increased by 0.52% at 4:24 am CET, while the dollar stood flat against the yen, going for ¥108.7780 at 04:27 am CET.

In the meantime, Hong Kong's Hang Seng lost 0.51% at 4:24 am CET, while, on the Chinese mainland, the Shanghai Composite traded 0.32% lower at 4:21 am CET, with the Shenzhen Composite decreasing 0.26% a minute later.

Additionally, the Australian S&P/ASX 200 lost 0.25% at 04:25 am CET, as South Korea's Kospi Composite stood flat.

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Breaking the News / NL