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4/12, 7:27 AM (Source: TeleTrader)
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Asian stocks mostly down with COVID in focus

Markets in Asia-Pacific traded mostly lower on Monday as coronavirus worries persisted. Over the weekend, Chinese Center for Disease Control and Prevention Director Gao Fu noted the country's vaccines against COVID-19 "don't have very high protection rates," while India registered another daily record in new cases. On the data front, Japan reported a 0.8% month-on-month increase in producer prices.

The Nikkei 225 declined 0.57% at 7:23 am CET. The dollar lost 0.11% against the yen to sell for 109.5495 at 7:24 am CET.

Hong Kong's Hang Seng slid 0.70% at 7:24 am CET. In mainland China, the Shanghai Composite fell 0.63% at 7:23 am CET and the Shenzhen Composite dropped 1.60% at 7:10 am CET.

In South Korea, the Kospi traded flat, while Australia's S&P/ASX 200 decreased by 0.29% at 7:25 am CET.

Breaking the News / NP