Asia trades lower amid COVID concerns

Monday, 26. July 2021 04:54

Equities on Asian markets started the week's trading session lower on Monday as concerns about spiking coronavirus numbers continue to grow. Additionally, in Japan, the Jibun Bank Manufacturing PMI indicated that the country's factory output disappointed expectations in July, declining from the previous survey period.

On the Chinese mainland, the Shenzhen Composite traded 1.71% lower at 04:49 am CET, with the Shanghai Composite down by 1.58% at the same time. Hong Kong's Hang Seng fell by 2.53% at 4:50 am CET, as South Korea's Kospi Composite went 0.25% down.

At 04:51 am CET the dollar traded 0.18% lower against the yen, going for ¥110.3535, as the Australian S&P/ASX 200 added 0.04%. Japan's Nikkei 225 increased by 1.39% at 4:35 am CET.

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Breaking the News / NL