Asia stocks set to slip after US reports first case of coronavirus

  • 📰 CNBC
  • ⏱ Reading Time:
  • 20 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 72%

South Africa News News

South Africa South Africa Latest News,South Africa South Africa Headlines

Stocks in Asia were set to slip at the open on Wednesday amid heightened concerns over the spread of the coronavirus that has killed 6 in China so far.

Futures pointed to a lower open for Japanese stocks. The Nikkei futures contract in Chicago was at 23,790 while its counterpart in Osaka was at 23,780. That compared against theMeanwhile, stocks in Australia rose in early trade, with the S&P/ASX 200 adding about 0.1%.

Investors will watch for market reaction to the release of South Korea's GDP growth data. The Bank of Korea said Wednesday the country's economy grew 1.2% on a seasonally adjusted basis in the fourth quarter as compared with three months earlier. That was the fastest expansion since the third quarter of 2017. It also beat an estimated 0.8% growth from a Reuters poll.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in ZA
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

maybe this guy should of washed his hands. Why should the markets worldwide freak out over one 30 something?

South Africa South Africa Latest News, South Africa South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Airline stocks in Asia take a hit amid growing coronavirus fears in ChinaTravel-related shares in Asia fell Tuesday as fears grew over an outbreak of a mysterious virus in China that has killed four people so far.
Source: CNBC - 🏆 12. / 72 Read more »

U.S. tech stocks 'most crowded' trade for bullish investors: BofA surveyU.S. technology and high-growth stocks have been the 'most crowded' tr...
Source: Reuters - 🏆 2. / 97 Read more »

Hong Kong Project Market HAF Lines up Cream of Asia for 2020 EditionLin Cheng-sheng (“Betlnut Beauty”), Giddens Ko (“You Are The Apple of My Eye”), Pang Ho-cheung (“Love in a Puff”) and Yeo Siew-hua (“A Land Imagined”) are among the big name Asian directors lining …
Source: Variety - 🏆 108. / 63 Read more »