Asian stocks lower as ‘coronavirus anxiety’ dominates sentiment


Source: amwalalghad.com amwalalghad.com

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Asia Pacific markets fell across the board Friday as investors remained cautious due to the growing number of coronavirus cases around the world. Hong Kong’s Hang Seng Index fell 2.26% in late-afternoon trade. Reuters reported the city will suspend all schools from Monday following a recent spike in coronavirus cases. Australia’s benchmark ASX 200 ended the session down 0.61% at 5,919.20. The heavily-weighted financials subindex declined 0.72% while the energy subindex fell 1.98%. The Nikkei 225 in Japan dropped 1.06% to 22,290.81 while the Topix index fell 1.42% to 1,535.20. In South Korea, the Kospi index was down 0.81% at...