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RSS FeedsAsian shares mostly lower as pandemic saps buying momentum
(WorldNews Health)

 
 

8 july 2020 10:03:02

 
Asian shares mostly lower as pandemic saps buying momentum
(WorldNews Health)
 


TOKYO (AP) — Shares were mostly lower in Asia on Wednesday as uncertainty over the coronavirus pandemic sapped the buying enthusiasm that has been driving prices higher. The selling followed a deeper pullback on Wall Street and in France, Germany and elsewhere after the European Union`s executive arm said this year`s recession caused by the pandemic will be deeper than forecast. It also said next year`s expected rebound could be weaker than expected. Japan’s benchmark Nikkei 225 dropped 0.7% in afternoon trading to 22,462.77. Australia’s S&P/ASX 200 dipped 1.5% to 5,920.30. South Korea’s Kospi shed 0.1% to 2,161.24. Hong Kong’s Hang Seng fell 0.1% after...


 
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