Asian stocks, oil falls as second wave fears grow

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The market is putting into perspective that the Covid-19 issue has not been resolved yet.

Asian shares stumbled on Monday and oil prices slipped as fears of a second wave of Covid-19 infections in Beijing sent investors scurrying for safe-havens while underwhelming data from China further weighed on sentiment.

US financier MSCI's broadest index of Asia-Pacific shares outside Japan was down 0.3% with Australian shares off 0.1% and South Korea easing 0.3%. Japan's Nikkei faltered 0.7%.

 

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But in Malaysia, OIL PRICE GOING UP everyweek wei.

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