Stocks in Asia and the Pacific closed without a single direction on Friday (25), after the US and UK announced new sanctions against Russia for the invasion of Ukraine.
The Hang Seng index fell 2.47% in Hong Kong to 21,404.88 points, pressured by technology stocks.
In mainland China, the Shanghai Composite dropped 1.17%, to 3,212.24 points, and the less comprehensive Shenzhen Composite lost 1.43%, to 2,113.73 points, influenced by papers linked to the health area.
Elsewhere in Asia, Japan’s Nikkei rose 0.14% in Tokyo to 28,149.84 points, and South Korean Kospi was virtually flat in Seoul, up 0.01% to 2,729.98 points. Taiex, on the other hand, yielded 0.12% in Taiwan, at 17,676.95 points.
On Thursday (24), the US and UK announced new sanctions against Russia, which continues the offensive in different parts of Ukrainian territory.
US President Joe Biden has proposed expelling Russia from the G-20 and vowed to respond accordingly if Moscow decides to use chemical weapons in Ukraine, after attending three summits in Brussels, the Belgian capital.
In addition to monitoring developments in the Russian-Ukrainian war, investors in Asia are listening to comments from officials at the Federal Reserve (Fed, the US central bank), which seems willing to tighten its monetary policy at a faster pace.
In Oceania, the Australian stock exchange was in the blue, still benefiting from the good performance of stocks related to commodities. The S&P/ASX 200 gained 0.26% in Sydney at 7,406.20 points.
With information from Dow Jones Newswires
Source: CNN Brasil
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