Stock markets in Asia traded mixed on Thursday as measures aimed at slowing the coronavirus pandemic continued to weigh on the economic recovery around the world. In the United States, President-elect Joe Biden’s coronavirus advisor suggested imposing a nationwide lockdown. Meanwhile, Bank of Japan’s Board member Seiji Adachi said that the bank must maintain an accommodative monetary policy. Japan’s PPI dropped 2.1% year-on-year in October.
The Nikkei 225 was flat at 4:39 am CET. Hang Seng dropped 0.46% at the same time, while the S&P/ASX 200 lost 0.73%. The Kospi Composite was down by 0.23% at 4:20 am CET.
The Shanghai Composite declined by 0.20% at 4:30 am CET, and the Shenzhen Composite was up 0.40% at 4:36 am CET.
The dollar traded 0.11% lower compared to the yen and sold for 105.2830 at 4:42 am CET.