dd Asia stock markets continue global fallout

Asia stock markets continue global fallout

Published: 22 Sep 2020   

Online Desk

Stock markets in Asia suffered on Tuesday from the fallout from UK and US investors worried about a rise in coronavirus cases.


The biggest falls in the region were recorded in Australia, where shares hit a three-month low.


Investors have also been rattled by dimming hopes for more financial support for the US economy.


Stock markets fell across South Korea, Hong Kong and China, while Japan was closed for a public holiday.


On Monday, UK and US stock markets suffered heavy losses over fears that a renewed rise in coronavirus cases will blight economic prospects.


More than £50bn was wiped off UK shares, and caused similar falls across European and US stock markets.

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