Asia stocks mostly rise as investors mull virus impact; Singapore flags risk of recession [CNBC]
FAST RETAILING UNSP/ADR (FRCOY)
NASDAQ:AMEX Investor Relations:
fastretailing.com/eng/ir
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Source: CNBC
Stocks in Asia were mostly higher on Friday as concerns around the ongoing coronavirus outbreak continued to weigh on investor sentiment. Mainland Chinese stocks gained on the day, with the Shanghai composite rising 0.38% to about 2,917.01 and the Shenzhen component up 0.48% to 10,916.31. The Shenzhen composite also added 0.441% to around 1,779.43. Hong Kong's Hang Seng index was 0.39% higher, as of its final hour of trading. In Japan, however, the Nikkei 225 closed 0.59% lower at 23,687.59 as shares of index heavyweight Fast Retailing dropped 1.8%. The Topix index also declined 0.6% to end its trading day at 1,702.87. Shares of automaker Nissan plunged 9.64% after the company cut its annual operating income forecast by more than 40%. South Korea's Kospi rose 0.48% on the day to 2,243.59. Meanwhile, the S&P/ASX 200 in Australia advanced 0.38% to close at 7,130.20. Overall, the MSCI Asia ex-Japan rose 0.25%. Investors continued to watch for developments on the coronavirus outbreak foll
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