Asian Stock Exchanges Decline with Increasing Virus Cases
Asian stocks lost value after the indices in the USA completed the day with a sharp decrease due to the increasing number of cases in the coronavirus (Covid-19) pandemic.
The increasing number of cases in the Covid-19 pandemic and concerns about the second wave in epidemic were highly effective in exiting risk assets.
Japan Australia and Korea stocks fell more than 1 percent, while in China and Hong Kong indices remained closed for the holiday.
Japan’s Topix Index fell 1.2 percent.
Australia’s S & P / ASX 200 Index fell 1.8 percent.
The South Korean Kospi Index fell 1.7 percent.