Asia trades mixed with US tumult in focus

Shares on the major stock market indexes in the Asia-Pacific region traded mixed on Wednesday as the investors closely monitored the political upheaval in the United States. After the Capitol building storming from January 6, the US House of Representatives passed a resolution urging country’s Vice President Mike Pence to remove President Donald Trump from the White House by invoking the 25th Amendment. Previously, the House democrats filed an article of impeachment, which is expected to be voted on later in the day.

On the COVID front, Japan has introduced a state of emergency to 7 additional prefectures in order to help the medical authorities curb the spread of the virus.

Japanese Nikkei 225 closed the session up by 1.04%, while South Korea’s Kospi Composite rose by 0.58% at 7:22 am CET. In mainland China, the Shenzhen Composite dropped 1.14% at 7:08 am CET, as the Shanghai Composite lost 0.42% at the same time. Hong Kong’s Hang Seng slid 0.07% at 7:24 am CET, while the Australian S&P/ASX 200 grew 0.11% at the closing bell. The dollar traded flat versus the yen at 7:25 am CET, selling for 103.6960.



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