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Asia-Pacific markets trade lower as vaccine optimism clashes with economic worries

2020-11-19 10:47:11       source:CNBC

November 18, 2020

SINGAPORE — Asia-Pacific markets fell in morning trade on Thursday as traders grapple with optimism around a potential coronavirus vaccine and economic worries.

In Australia, the benchmark ASX 200 was down 0.35% where resource producers struggled for gains. The country’s so-called Big Four banks traded mixed, with Westpac up by 0.98%.

Japan’s Nikkei 225 declined 0.55% in early trade while the Topix index was down 0.41%. In South Korea, the Kospi index fell 0.51%.

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