Asian stock mix, European shares decrease as vaccine doubt looms

Asian stock mix, European shares decrease as vaccine doubt looms

Picture used for illustrative purpose. File

Gulf Today Report

Asian stock remains mixed on Friday as doubts for the effectiveness of coronavirus vaccine outweighed the hope of investors. 

 

Benchmarks in Shanghai, Hong Kong and Sydney declined while Tokyo and Seoul rose.

 

The revelation of data errors in COVID-19 vaccine trials is making investors have doubt, said Mizuho Bank. 

 

The Shanghai Composite Index lost less than 0.1% to 3,368.12 and the Hang Seng in Hong Kong shed 0.2% to 26,776.83. The Nikkei 225 in Tokyo rose 0.3% to 26,626.81.

 

The Kospi in Seoul added 0.1% to 2,630.07 while Sydney's S&P-ASX 200 shed 0.5% to 6,603.70. 

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