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Mount Everest: Bergsteiger wegen CoV auf dem Heimweg

Mount Everest: Bergsteiger wegen CoV auf dem Heimweg
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Asia-Pacific Markets: Stocks Fall on China Manufacturing Miss, Financial Regulator Crackdowns

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The major Asia-Pacific stock indexes finished lower on Friday as weaker-than-expected Chinese factory indicators and concerns about Beijing’s clampdown on internet companies weighed on sentiment.
Friday’s session followed an overnight session on Wall Street where the major U.S. indexes finished higher. Economic activity stateside picked up in the first three months of 2021 as GDP rose 6.4% on an annualized basis, but it fell slightly short of expectations.
Cash Market Performance
On Friday, Japan’s Nikkei 225 Index settled at 28812.63, down 241.34 or -0.83%. Hong Kong’s Hang Seng Index finished at 28724.88, down 578.38 or -1.97% and South Korea’s KOSPI Index closed at 3147.86, down 26.21 or -0.83%. ....

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These were the worst performing ASX 200 shares last week

Beach Energy Ltd (ASX:BPT) and Nuix Ltd (ASX:NXL) shares were among the worst performers on the ASX 200 last week. ....

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UPDATE 2-Australia Beach Energy's market value dives by $730 mln as reserves estimate cut

Downgraded earnings outlook well below brokers’ outlook
Shares sink 24% (Recasts throughout with share price reaction)
MELBOURNE, April 30 (Reuters) - Beach Energy slashed its reserves estimate and earnings outlook on Friday after oil production fell at its Western Flank field in South Australia, sending its shares tumbling by almost a quarter.
Beach’s market value plunged by A$935 million ($727 million) after the grim forecast, following a review of declining output at Western Flank, first flagged in February. The company also warned of an impairment charge and withdrew its five-year production outlook.
“It’s clear this was a pretty big risk for the company - what could come out of this review. It’s much more disappointing than the market had expected,” said JPMorgan analyst Mark Busuttil. ....

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Australia's Beach books substantial reserves downgrade

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