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Asia Pacific stock markets extend losses after North Korea nuclear test

Discussion in 'Market News' started by Lily, Jan 6, 2016.

  1. Lily

    Lily Forum Member

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    Fears about Pyongyang’s threat to security added to tensions in a region plagued by uncertainty about the state of the Chinese economy

    Asia Pacific stock markets have endured another day of losses after North Korea said it had conducted a nuclear test, stoking geopolitical concerns in the region.

    The Nikkei share average in Tokyo was down 1.3% at 18,132 points by mid-afternoon while the Kospi index in Seoul suffered steep falls over concerns about its northern neighbour’s nuclear capability. In Australia the ASX/S&P200 benchmark index was down 1%.

    Related: Investors nervous as China looks set to repeat mistakes of last summer

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