4/9, 7:25 AM (Source: TeleTrader)
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Asia-Pacific trades lower on fresh COVID concerns

Major stock markets in the Asia-Pacific region traded mostly lower on Friday amid new spikes in infections from COVID-19 throughout the zone. The Japanese government confirmed it was considering introducing stricter restrictions with the goal of curbing the further spread of the virus in three prefectures, including Tokyo. The number of cases registered daily in India reached a new record of 131,968. Meanwhile, China accused the United States of threatening peace and stability in the Taiwan Strait.

The Nikkei 225 rose by 0.51% at 7:20 am CET, as the dollar gained 0.07% to the yen to sell for ¥109.3480. At the same time, South Korea's Kospi declined by 0.25%. Australia's S&P/ASX closed 0.22% lower.

In mainland China, the Shanghai Composite dropped by 0.77% at 7:07 am CET, while a minute later, the Shenzhen Composite decreased by 0.79%. Meanwhile, Hong Kong's Hang Seng lost 0.88% at 7:23 am CET.

Breaking the News / JR