Losses in Asian Stock Markets Reached 3 Percent
Sales deepened in the Asia Pacific region, with a loss of approximately 3 percent.
Losses reached 3 percent in
Asian stock markets. The aggressive sales wave seen in global markets is also effective on Asian stock markets on the last trading day of the week. While there were losses of 3 percent in the indices in the region, Japan and South Korea tested the lowest level during the session.
Industrial production data for January 2021 has been announced in Japan. The announced industrial production increased by 4.2 percent on a monthly basis, exceeding the expectations.
The state of emergency implemented in 10 states, including the capital Tokyo, within the scope of the measures taken to combat the coronavirus epidemic in Japan, will be lifted in 5 states. According to the news based on government sources by the
Kyodo agency, the state of emergency will be terminated in the states of Aichi, Gifu, Osaka, Kyoto and Hyogo, where the number of coronavirus cases has decreased.
Index Summaries
- Japan's Topix Index dropped 2 percent.
- S & P / ASX 200 fell 2 percent.
- The South Korean Kospi Index fell 2.5 percent.
- Hang Seng Index fell 1.9 percent.
- Shanghai Composite fell 1.1 percent.