{"id":123413,"date":"2021-11-26T01:47:34","date_gmt":"2021-11-26T01:47:34","guid":{"rendered":"https:\/\/fin2me.com\/?p=123413"},"modified":"2021-11-26T01:47:34","modified_gmt":"2021-11-26T01:47:34","slug":"japans-nikkei-225-drops-nearly-2-as-asia-pacific-stocks-slip","status":"publish","type":"post","link":"https:\/\/fin2me.com\/markets\/japans-nikkei-225-drops-nearly-2-as-asia-pacific-stocks-slip\/","title":{"rendered":"Japan's Nikkei 225 drops nearly 2% as Asia-Pacific stocks slip"},"content":{"rendered":"
SINGAPORE \u2014 Shares in Asia-Pacific slipped in Friday morning trade, with Japanese stocks leading losses regionally.<\/p>\n
The Nikkei 225 in Japan dropped 1.73% as shares of Fast Retailing and SoftBank Group both declined more than 2% each while the Topix index fell 1.4%. South Korea's Kospi dipped 0.41%.<\/p>\n
The S&P\/ASX 200 in Australia fell 0.62%. Australia's retail sales in October jumped 4.9% month-on-month, seasonally adjusted, according to official estimates released Friday. That was far higher than the 2.5% increase predicted in a Reuters poll.<\/p>\n
MSCI's broadest index of Asia-Pacific shares outside Japan traded 0.2% lower.<\/p>\n
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In Covid developments, World Health Organization officials said Thursday they are monitoring a new variant with "a large number of mutations." A special meeting is scheduled for Friday to discuss its implications for vaccines and treatments.<\/p>\n
Markets in the U.S. were closed on Thursday for the Thanksgiving holiday.<\/p>\n
The U.S. dollar index, which tracks the greenback against a basket of its peers, was at 96.774 \u2014 still above levels below 96.5 seen earlier in the trading week.<\/p>\n
The Japanese yen traded at 114.85 per dollar, still weaker than levels below 114.5 seen earlier this week. The Australian dollar was at $0.7171 following yesterday's drop from levels above $0.72.<\/p>\n