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2/14, 4:57 AM (Source: TeleTrader)
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Asian stocks mixed as virus remains a concern

Equities in Asia traded mixed on Friday after Chinese health officials revealed the Novel Coronavirus (2019-nCoV) death toll reached 1,380, with 5,090 new cases of the disease diagnosed. In the meantime in Japan, the country's Minister of Economy Yasutoshi Nishimura said that the growth of the nation's economy could slow down, hindered by the virus outbreak. He also noted the GDP for the final quarter of 2019 will possibly be lower compared to the previous results.

Japan's Nikkei 225 dropped 0.54% at 5:01 am CET, with the dollar flat against the yen, going for ¥109.8230 at the same time.

In China, the Shanghai Composite traded 0.52% higher at 4:24 am CET, while the Shenzhen Composite gained 1.09%, with Hong Kong's Hang Seng adding 0.55% at 4:59 am CET.

South Korea's Kospi Composite was 0.51% up at 5:03 am CET, and the Australian S&P/ASX 200 gained 0.43%.

Breaking the News / NL