Asian shares mixed amid 2nd wave coronavirus, election fears

Asian shares were mixed on Friday as investors weighed concerns about the U.S. presidential election and an economic stimulus package, on top of fears of flaring outbreaks of coronavirus.

Asian Shares

  • Japan’s benchmark Nikkei 225 inched up less than 0.1% by midday to 23,523.37.
  • Australia’s S&P/ASX 200 shed 0.2% to 6,196.10.
  • South Korea’s Kospi declined 0.6% to 2,346.88.
  • Hong Kong’s Hang Seng gained 0.9% to 24,363.70.
  • The Shanghai Composite was unchanged at 3,332.05.

Oil Prices

  • In energy trading, benchmark U.S. crude lost 31 cents to $40.65 a barrel in electronic trading on the New York Mercantile Exchange.
  • It gave up 8 cents on Thursday to $40.96. Brent crude, the international standard, fell 41 cents to $42.75 a barrel.

Currency Markets

  • The U.S. dollar slipped to 105.26 Japanese yen from 105.42 yen late Thursday.
  • The euro cost $1.1706, little changed from $1.1710.

 

 

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