Asia shares weaker on worries over fresh pandemic lockdowns in Europe
London: Asian shares were broadly weaker today as possible delays in expanded U.S. stimulus and concerns about fresh pandemic lockdowns in Europe dented the recent positive sentiment towards global equity markets.
South Korea’s KOSPI tumbled the most as it fell 2.4 percent.
China’s Shanghai Composite index declined 1.3 percent and Hong Kong’s Hang Seng also lost one percent. Singapore’s Straits Times closed 0.9 percent down while trade did not take place Japan’s NIKKEI-225.
European shares were up in intra day trade. London’s FTSC-100 and France’s CAC, both gained 0.4 percent while Germany’s DAX climbed 0.9 percent.