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Stocks in Asia Pacific slip; hopes rise on coronavirus vaccine


Monday, 4 May 2020 08:19 WIB

MSCI Asia PacificSaham Asia


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Stocks in Asia Pacific traded lower on Monday morning, with major markets regionally closed for holidays.

South Korea’s Kospi fell 2.28% in early trade while the Kosdaq index shed 0.59%.

In Australia, the S&P/ASX 200 slipped 0.51% in early trade. Shares of major bank Westpac dipped fractionally after the firm announced a profit plunge in its first half earnings and a deferral in its dividend payment.

Overall, the MSCI Asia ex-Japan index traded 0.78% lower.

Markets in China, Japan and Thailand are closed on Monday for holidays.

Source: CNBC


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