Lola Evans
21 Oct 2022, 16:49 GMT+10
SYDNEY, NSW, Australia - Stocks in Asia were on a downward slope Friday, with little incentive for investors to weigh into markets.
In Japan, the Nikkei 225 retreated 116.38 points or 0.43 percent to 26,890.58.
The Australian All Ordinaries dropped 48.80 points or 0.71 percent to 6,869.90.
In New Zealand, the S&P/NZX 50 shed 49.67 points or 0.46 percent to 10,782.36.
South Korea's Kospi Composite slipped 6.34 points or 0.29 percent to 10,782.36.
In Hong Kong, the Hang Seng, declined 68.10 points or 0.42 percent to 16,211.12.
China's Shanghai Composite, going against the trend, edged up 3.88 points or 0.13 percent to 3,038.93.
On currency markets, the British pound dropped to 1.1178 by the Sydney close Friday. The euro was steady at 0.9769. The Japanese yen weakened to 150.40. The Swiss franc fell to 1.0061.
The Canadian dollar fell sharply to 1.31 97. The Australian dollar dipped to 0.6257. The New Zealand dollar edged down to 0.5649.
Overnight on Wall Street, the Dow Jones industrials shed 90.22 points or 0.30 percent to 30,333.59.
The Standard and Poor's 500 dropped 29.38 points or 0.80 percent to 3,665.78.
The Nasdaq Composite fell 65.66 points or 0.61 percent to 10,614.84.
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