Asia-Pacific stocks mixed as coronavirus cases in the West surge; oil prices drop


Source: cnbc.com cnbc.com

Key Topics in this News Article:

News Snapshot:

SINGAPORE — Asia-Pacific stocks were mixed in Monday trade as new coronavirus cases surge in the U.S. as well in countries across Europe. Mainland Chinese stocks were mixed by the afternoon, with the Shanghai composite down about 0.7% while the Shenzhen component added 0.407%. In Japan, the Nikkei 225 dipped 0.13% while the Topix index shed 0.43%. Over in South Korea, the Kospi declined.0.26%. Shares of firms affiliated to conglomerate Samsung Group traded mixed following the passing of Samsung Electronics Chairman, Lee Kun-hee . Samsung C&T surged more than 19% while Samsung Life Insurance soared 6.34%. Samsung Electronics edged 0.5%...