Asia Shares Drops Despite Positive Signs on Global Economy

Recently, Asian shares fell, despite the positive recovery signs of the global economy, including the rallies on Wall Street.

Japan's benchmark Nikkei 225 dropped down 0.9% in morning trading to 28,559.89, as investors patiently waited ahead of the country-wise parliamentary elections Sunday.

The ruling Liberal Democratic Party, which has ruled consistently for quite a long time, is anticipated to keep on remaining in power. But on the other hand, the opposition is also expected to experience progress as a result of public discontent over the government’s handling of global pandemics and concerns about the economy.

South Korea's Kospi lost 0.7% to 2,988.09. Australia's S&P/ASX 200 decreased 0.7% to 7,381.50. Hong Kong's Hang Seng dropped down to 0.8% to 25,343.14, while the Shanghai Composite declined 0.1% to 3,514.03.

Read more: https://www.emeriobanque.com/news/asia-shares-drops-despite-positive-global-economy-recovery-signs

Asia Shares Drops Despite Positive Signs on Global Economy.jpg

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