Monday, July 26, 2021

Asian shares trade mixed amid hopes of COVID vaccine

Asian shares today traded mixed amid hopes of Coronavirus vaccine and resurgence of Covid-19 cases. South Korea’s KOSPI rose 0.7 percent while Singapore’s Straits Times and Hong Kong’s Hang Seng closed almost flat.

Japan’s NIKKEI-225 declined half a percent and China’s Shanghai Composite index plunged 0.9 percent.

European stocks were also mixed in intraday trade. London’s FTSC-100 fell half a percent while France’s CAC added 0.3 percent. Germany’s DAX was trading almost flat.

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