Asian equities retreat after world stocks hit new record – Reuters
- Date: 13-Aug-2021
- Source: Reuters
- Sector:Financial Markets
- Country:Gulf
Asian equities retreat after world stocks hit new record – Reuters
HONG KONG, Aug 13 (Reuters) - Most Asian equity markets continued to ignore record highs hit elsewhere in the world and fell in early trading on Friday, though Australia bucked the trend.
MSCI's broadest index of Asia-Pacific shares outside Japan (.MIAPJ0000PUS) fell 0.59%, having closed lower on each of the past three days.
Traders have been pointing to continued worries about the potential for new regulatory crackdowns in China and the fallout from the surging Delta variant of the new coronavirus in several countries in the region.
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