7/7/2021, 4:44 AM (Source: TeleTrader)
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Asia-Pacific trades mixed on pandemic fears

Major stock markets in the Asia-Pacific region traded mixed, as investor enthusiasm was muted due to the ongoing rise in the COVID-19 Delta variant cases. South Korea reported its biggest daily increase in coronavirus cases in months, while it was unveiled that the lockdown in Greater Sydney will be extended by another week. Meanwhile, in tech news, China banned new users from using Didi and Nintendo announced an upgrade to its Switch console.

The Nikkei 225 was 0.98% down at 4:40 am CET, as the dollar dropped 0.13% against the yen trading for ¥110.5020 a minute later. The Kospi Composite decreased by 0.60% at 4:42 am CET, while the S&P/ASX 200 gained 0.55% concurrently.

In mainland China, the Shenzhen Composite rose 0.89% at 4:43 am CET, while the Shanghai Composite stood flat at the same time. Over in Hong Kong, the Hang Seng plummeted 1.05% at 4:44 am CET.

Baha Breaking News (BBN) / OL