Asian stocks closed lower on Monday (26), accumulating losses for the fourth consecutive trading session, as efforts by central banks to contain the jump in inflation continue to generate risk aversion.
In Tokyo, the Nikkei stock index fell 2.66% today to 26,431.55 points, after not trading on Friday (23) due to a national holiday in Japan.
The South Korean Kospi fell even more significantly in Seoul, by 3.02%, at 2,220.94 points, while the Hang Seng dropped by 0.44% in Hong Kong, at 17,855.14 points, and the Taiex fell by 2, 41% in Taiwan, at 13,778.19 points.
In mainland China, the Shanghai Composite was down 1.20% to 3,051.23 points, and the less comprehensive Shenzhen Composite was down 0.75% to 1,949.00 points.
Last week, the Federal Reserve (Fed, the US central bank) and a series of other central banks raised interest rates, in another attempt to contain inflation, which in recent months has been driven in large part by the energy crisis triggered by the war on Russia in Ukraine.
The wave of monetary tightening has reinforced fears of a global recession, which has led investors to shy away from riskier assets such as equities.
In Oceania, the Australian stock exchange was also in the red on Monday, with the S&P/ASX 200 down 1.60% in Sydney, at 6,469.40 points.
Source: CNN Brasil

Joe Jameson, a technology journalist with over 2 years of experience, writes for top online news websites. Specializing in the field of technology, Joe provides insights into the latest advancements in the industry. Currently, he contributes to covering the world stock market.