ASIATODAY.ID, JAKARTA – Asian stock exchanges weakened on Monday, September 9 2024 following Wall Street which experienced a decline at the end of last week after the United States (US) employment data was quite weak, thus increasing concerns about the economy.
The Nikkei 225 index was around its lowest level in nearly a month during morning trade, and fell 0.5% at the close of trading to 36,215.75.
Shares in the Chinese market also suffered losses after worse-than-expected inflation data disappointed investors. Hong Kong’s Hang Seng index fell 2.2% to 17,068.34, and the Shanghai Composite index fell 1.2% to 2,731.70.
Meanwhile, the S&P/ASX 200 index in Australia fell 0.3% to 7,988.10. Meanwhile, the Kospi index in South Korea fell 0.4% to 2,534.11.
Earlier at the end of last week, the S&P 500 fell 1.7% and closed at 5,408.42, ending its worst week since March 2023. The Nasdaq composite index fell 2.6% to 16,690.83.
Meanwhile, the Dow Jones Industrial Average fell 1% to 40,345.41. (ATN)
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