Asian Markets Climbs as Investors Continue to Watch Virus Situation
Investing.com
Published Jan 23, 2020 11:23PM ET
By Alex Ho
Get The News You Want
Investing.com - Asian markets traded higher on Friday in Asia. Investor sentiment remained fragile, however, as death toll related to the Coronavirus in China continued to rise.
Get The News You Want
The number of cases of patients infected with the new coronavirus as of January 23 has gone up to 830 in China, while the death toll from the virus has risen to 25, the National Health Commission announced on Friday.
Get The News You Want
On Thursday, The World Health Organization said the new coronavirus remains a local crisis for now, stopped short of calling the virus a global health emergency.
Get The News You Want
Get The News You Want
“Make no mistake, this is an emergency in China, but it has not yet become a global health emergency,” Tedros Adhanom Ghebreyesus, the WHO’s director-general, said at a briefing in Geneva Thursday. “It may yet become one.”
Get The News You Want
The decision came after officials in China issued restrictions on travel and public gatherings in Wuhan, the city in China where the virus was first detected earlier on Thursday.
Get The News You Want
Get The News You Want
Hong Kong and Beijing are canceling planned holiday activities, according to local officials and state media.
Get The News You Want
Markets in mainland China and South Korea are shut, while Hong Kong closes early, for lunar new year holidays.
Get The News You Want
The Hang Seng Index climbed 0.2% by 10:59 PM ET (02:59 GMT).
Get The News You Want
Japan’s Nikkei 225 was little changed.
Get The News You Want
Get The News You Want
Japan's core consumer prices rose 0.7% in December from a year earlier, data showed on Friday, accelerating from the 0.5% previous month.
Get The News You Want
Down under, Australia’s ASX 200 gained 0.2%.
Get The News You Want
Get The News You Want
Get The News You Want
Get The News You Want
Get The News You Want
Written By: Investing.com
Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.