3/30, 4:40 AM (Source: TeleTrader)
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Asian markets down amid coronavirus pandemic

Major stock market indexes in Asia traded lower on Monday as investors seemingly remain worried about the outbreak of COVID-19. Earlier, Korea Centers for Disease Control and Prevention (KCDC) reported 76 additional infections in South Korea on Sunday.

Meanwhile, in China, 31 cases were registered on the mainland in the past day, with no new infections in Hubei province, where the outbreak began. Whereas, the country's president Xi Jinping reportedly said the production in factories across the nation will resume despite COVID-19 containment measures currently in place.

Japan's Nikkei 225 dropped 3.32% at 4:39 am CET, with the dollar 0.58% down against the yen, going for ¥107.3155 at the same time.

Hong Kong's Hang Seng lost 1.38% at 4:37 am CET. Meanwhile, on the Chinese mainland, the Shanghai Composite traded 1.22% lower at 4:36 am CET, with the Shenzhen Composite declining 2.44% a minute later.

South Korea's Kospi Composite was 1.70% down at 4:38 am CET, while the Australian S&P/ASX 200 gained 2.18%.

Breaking the News / NL