image credit: Pxhere

Global shares mostly lower as new China virus cases spike

February 13, 2020

Via: ABC News

BANGKOK — Global shares were mostly lower Thursday as reported cases of the new virus jumped in China.

Indexes in London, Paris and Frankfurt opened lower, following declines across Asian markets.

London’s FTSE 100 declined 1.4% in morning trading to 7,428.92, and Germany’s DAX lost 1.1% to 13,598.29. France’s CAC 40 fell 1% to 6044.87, reversing gains from the last two days.

In Asia, the Shanghai Composite closed 0.7% lower at 2,906.07. Hong Kong’s Hang Seng slipped 0.3% to 27,730.00. Japan’s Nikkei 225 closed 0.1% lower at 23,827.73, while Australia’s S&P/ASX 200 gained 0.2% to 7,103.20. Shares were lower in Singapore, Thailand and India, while New Zealand and Taiwan rose.

Read More on ABC News