Asia stocks subdued amid heightened concerns over coronavirus [CNBC]
FAST RETAILING UNSP/ADR (FRCOY)
NASDAQ:AMEX Investor Relations:
fastretailing.com/eng/ir
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Source: CNBC
Stocks in Asia were little changed in Wednesday morning trade amid heightened concerns over the spread of the coronavirus that has killed 6 in China so far. The Nikkei 225 was largely flat in early trade, as shares of index heavyweight Fast Retailing fell 1.29%. The Topix index dipped slightly. The Kospi in South Korea hovered around the flatline. The Bank of Korea said Wednesday the country's economy grew 1.2% on a seasonally adjusted basis in the fourth quarter as compared with three months earlier. That was the fastest expansion since the third quarter of 2017, beating an estimated 0.8% growth from a Reuters poll. Meanwhile, stocks in Australia rose in morning trade, with the S&P/ASX 200 adding 0.3%. Overall, the MSCI Asia ex-Japan index was largely flat. Overnight on Wall Street, stocks declined after the Centers for Disease Control confirmed the first U.S. case of a mysterious coronavirus that has infected hundreds in China . The Dow Jones Industrial Average fell 152.06 points to
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