Covid-19 weighed heavily on investor sentiment, and Asian stocks went down

Covid-19 weighed heavily on investor sentiment, and Asian stocks went down

Asian stock markets “red to the floor” at the beginning of today’s trading session on December 22 after investors on Wall Street last night expressed concern about the new Covid strain being discovered in the UK.

Hong Kong’s Hang Seng Index fell 0.87% in the afternoon session of December 22. Photo: AFP

Japan’s Nikkei 225 index fell 0.64% while the Topix index slipped 1.15% deeper. Korean stocks today were also “tinged with red” with the Kospi index down 0.56%.

The stock market of mainland China was mixed this afternoon. Specifically, the Shanghai Composite Index slid 0.2% while the Shenzhen Component Index edged up 0.162%. Meanwhile, the Hong Kong Hang Seng Index lost 228.14 points, or 0.87%, to 26,078.54 points.

The red color still dominated Australian stocks with the S&P / ASX 200 index falling 1.05%, although the country’s retail sales grew in November. Overall, the MSCI Asia-Pacific Index. Duong (excluding Japan) still fell 0.43%.

According to preliminary data of the Australian Bureau of Statistics, retail sales of this country in November increased 7% from the previous month. After the above information, the Australian dollar inched and turned 1 AUD “eating” 0.7563 USD, from 1 AUD / 0.75 USD yesterday.

The complicated global situation of Covid-19 continues to weigh on investor sentiment, especially after a new strain of Covid was discovered in the UK, prompting authorities to quickly impose a stricter blockade. and travel restrictions across Europe.

US stocks last night had a bleak session. The S&P 500 fell 0.4 percent to 3,694.92 points, while the Nasdaq Composite closed 0.1 percent lower to 12,742.52 points. Meanwhile, the Dow Jones industrial average still increased modestly 37.40 points to 30,216.45.

Money market today witnessed the greenback slide, after going up yesterday. The US dollar index against other major currencies fell to 90,249 after reaching above 90.8. In contrast, the Japanese yen strengthened and converted 103.41 JPY / USD, compared with the 103.6 JPY / USD level set yesterday.

Oil prices on the Asian market this afternoon continued to go down. After falling more than 3% yesterday, Brent crude oil futures prices continued to slide by 0.47% to $ 50.67 / barrel, while the US crude futures price dropped by 0.58% to 47, 69 USD / barrel.

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