Read more about Asian shares start on cautious note amid spike in coronavirus cases on Business Standard. Asian shares got the week off to a cautious start on Monday as a spike in coronavirus cases across Asia over the weekend hurt investor sentiment
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By Swati Pandey
SYDNEY, June 28 (Reuters) - Asian shares got the week off to a cautious start on Monday, with Chinese markets holding steady, as a spike in coronavirus cases across the region over the weekend hurt investor sentiment while oil hovered around 2-1/2 year highs.
MSCI s broadest index of Asia-Pacific shares outside Japan was last a shade weaker at 702.57. Australian shares slipped 0.2%. South Korea s benchmark KOSPI was barely changed as was Japan s Nikkei.
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SYDNEY Asian shares started the week in a cautious mood on Monday, as a spike in coronavirus cases across the region over the weekend hurt investor sentiment while oil hovered around 2-1/2 year highs.
MSCI’s broadest index of Asia-Pacific shares outside Japan was last a shade weaker at 702.57. Japan’s Nikkei slipped 0.2%, with South Korea’s benchmark KOSPI down about the same amount.
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Investors were concerned about a spike in coronavirus infections in Asia, with Australia’s most populous city of Sydney plunging into a lockdown after a cluster of cases involving the highly contagious Delta strain ballooned.
GLOBAL MARKETS-Asian shares strike cautious tone as COVID-19 cases spike msn.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from msn.com Daily Mail and Mail on Sunday newspapers.