8/20/2021, 7:21 AM (Source: TeleTrader)
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Asia-Pacific trades lower, Hang Seng falls 2.6%

Equities in the Asia-Pacific region were down on Friday, as Hong Kong's Hang Seng index traded at its lowest level since November 2020. Investors are still digesting the decision by the People's Bank of China to leave the interest rates unchanged. Meanwhile, Japan's consumer prices declined in July. On the pandemic front, both South Korea and New Zealand have extended their coronavirus restrictions in an effort to curb the effects of the virus.

The Nikkei 225 dropped 0.83% at 7:13 am CET, as the dollar declined 0.06% against the yen trading for $109.6930 a minute later. The Kospi Composite fell 1.01% at 7:16 am CET, while the S&P/ASX 200 stood flat at the same time.

In mainland China, both the Shenzhen Composite and the Shanghai Composite registered losses at 7:18 am CET, as the indices were down by 2.49% and 1.84% respectively. Over in Hong Kong, the Hang Seng plummeted 2.61% at 7:20 am CET.

Baha Breaking News (BBN) / OL