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Asia Pacific stocks set to trade mixed as investors monitor coronavirus situation

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Stocks in Asia Pacific were set for a mixed start as the situation surrounding a recent uptick in coronavirus in certain countries continues to be watched.

Futures pointed to a positive open for Japanese stocks while shares in Australia were set to dip.

Investor focus on Friday will likely remain on developments surrounding the resurgence of coronavirus in some places, with four states in the U.S. reporting record spikes in cases. Meanwhile, a Chinese health expert said Thursday that a recent virus outbreak in Beijing is under control. The Chinese capital saw a jump in infections after more than 50 days without domestically transmitted Covid-19 cases.

Stocks in Asia Pacific were set for a mixed start as investors continued to monitor the situation surrounding a recent uptick in coronavirus cases in some countries. Futures pointed to a positive open for Japanese stocks. The Nikkei futures contract in Chicago was at 22,455 while its counterpart in Osaka was at 22,360. That compared against theShares in Australia, on the other hand, were poised to dip.

 

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