- Title: Asia stocks crash as pandemic panic sweeps markets
- Date: 13th March 2020
- Summary: TOKYO, JAPAN (MARCH 13, 2020) (REUTERS) SCREEN AT TOKYO STOCK EXCHANGE SHOWING ANIMATION BEFORE OPENING NIKKEI 225 INDEX AT OPENING AT 18,183.47 VARIOUS OF SCREEN SHOWING NIKKEI 225 INDEX MOVEMENTS SCREEN SHOWING VARIOUS STOCK PRICES FALLING DESKS AT TOKYO STOCK EXCHANGE VARIOUS OF STAFF WORKING AT DESKS EXTERIOR OF TOKYO STOCK EXCHANGE HONG KONG, CHINA (MARCH 13, 2020) (REUTERS) EXTERIOR OF HONG KONG EXCHANGE SQUARE ELECTRONIC TICKER SHOWING STOCK PRICES EXTERIOR OF HONG KONG EXCHANGE SQUARE / SCREENS SHOWING STOCK PRICES SCREEN SHOWING HANG SENG INDEX EXTERIOR OF HONG KONG EXCHANGE SQUARE / BULL STATUES VARIOUS OF SCREENS SHOWING HANG SENG INDEX AND STOCK PRICES FLAGS FLYING PEDESTRIANS AND TRAFFIC IN HONG KONG CENTRAL BUSINESS DISTRICT PEDESTRIANS WALKING IN HONG KONG CENTRAL BUSINESS DISTRICT TRAFFIC IN HONG KONG CENTRAL BUSINESS DISTRICT PEDESTRIANS WALKING IN HONG KONG CENTRAL BUSINESS DISTRICT SEOUL, SOUTH KOREA (MARCH 13, 2020) (REUTERS) VARIOUS OF PEDESTRIANS CROSSING ROAD / TRAFFIC ON STREET INTERIOR OF DEALING ROOM AT KEB HANA BANK ELECTRONIC BOARD SHOWING KOREA COMPOSITE STOCK PRICE INDEX (KOSPI) VARIOUS OF DEALERS WORKING ELECTRONIC TICKER SHOWING KOSPI DEALERS WORKING SCREEN SHOWING KOSPI AND USD/KRW EXCHANGE RATE DEALERS WORKING SHOWS: SHANGHAI, CHINA (MARCH 13, 2020) (REUTERS) ELECTRONIC TICKER BOARD IN FRONT OT PEARL TOWER ELECTRONIC BOARD SHOWING SHANGHAI COMPOSITE INDEX AND SHENZHEN COMPONENT INDEX ELECTRONIC TICKER BOARD STOCK INFORMATION ON ELECTRONIC TICKER BOARD ELECTRONIC TICKER BOARD ELECTRONIC BOARD SHOWING SHANGHAI COMPOSITE INDEX AND SHENZHEN COMPONENT INDEX VARIOUS OF ELECTRONIC TICKER BOARD SHOWING STOCK INFORMATION
- Embargoed: 27th March 2020 03:36
- Keywords: Asia Hang Seng Index Hong Kong Japan KOSPI Nikkei 225 South Korea Tokyo Stock Exchange open stock market
- Location: TOKYO, JAPAN/ SEOUL, SOUTH KOREA
- City: TOKYO, JAPAN/ SEOUL, SOUTH KOREA
- Country: Various
- Topics: Economic Events,Equities Markets
- Reuters ID: LVA001C4VVBRB
- Aspect Ratio: 16:9
- Story Text: Asia stocks market plunge on Friday (March 13) ending a years-long bull run, with a coronavirus panic selling hitting almost every asset class and leaving investors nowhere to hide.
South Korea, stocks opened lower with the Korea Composite Stock Price Index (KOSPI) down 125.07 points or 6.82 percent to 1,709.26 points as of 0007 GMT.
Japan's Nikkei 225 opened down 2.03 percent at 18,183.47 on Friday (March 13) while the broader TOPIX shed 2.08 percent at 1,300.31.
In Hong Kong, the market opened down with the benchmark Heng Sang Index plummeting to 22,736.89 points as of 0135 GMT, a loss of 6.47%.
The plunge, as the coronavirus pandemic spreads, gathered pace after U.S. President Donald Trump spooked investors with a move to restrict travel from Europe, and after the European Central Bank disappointed markets by holding back on rate cuts.
(Production: Daewoung Kim, Minwoo Park, Akira Tomoshige, Hideto Sakai, Yoyo Chow, Jiraporn Kuhakan) - Copyright Holder: REUTERS
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