Asian stocks tumble on Russia-Ukraine tension – The National
- Date: 15-Feb-2022
- Source: The National
- Sector:Financial Markets
- Country:Middle East
Asian stocks tumble on Russia-Ukraine tension – The National
Asian share markets dropped and safe-haven assets such as gold rose on Tuesday as investors contemplated the implications of a potential Russian invasion of Ukraine.
MSCI's broadest index of Asia-Pacific shares outside Japan was down 0.5 per cent after stock markets in the US and Europe lost ground on Monday.
Japan's Nikkei fell 0.91 per cent, while Australia's S&P/ASX 200 closed down 0.51 per cent. Hong Kong's Hang Seng index slid 1.1 per cent, although China's CSI 300 Index bucked the sell-off trend across the region and was up 0.7 per cent.