Asian stocks lower except Japan, Europe in red with global selloff

By Ovunc Kutlu

ANKARA (AA) – Asian stock markets closed with losses except for Japan on Friday, while European stock exchanges were all in red as the major selloff continues in global markets.

The Asia Dow, which includes blue-chip companies in the region, was down 38 points, or 1.13%, to 3,348 points at 1033GMT.

Tokyo’s Nikkei 225 stock exchange was the only positive performer of the day, increasing 185 points, or 0.69%, to 27,003.

The Hang Seng, the benchmark for blue-chip stocks trading on the Hong Kong stock exchange, performed the worst by plummeting 791 points, or 3.81%, to 20,001.

China’s Shanghai stock exchange decreased 66 points, or 2.16%, to finish at 3,001.

India's Sensex benchmark lost 866 points, or 1.56%, to 54,835, while the Singapore index fell 51 points, or 1.55%, to 3,291.

In Europe, the STOXX Europe 600, which includes around 90% of the market capitalization of the European market in 17 countries, decreased 5.74 points, or 1.3%, to 432.53 points at 1037GMT.

London's FTSE 100 fell 60 points, or 0.81%, to 7,444, while Germany's DAX 30 lost 148 points, or 1.06%, to 13,753.

France's CAC 40 was down 74 points, or 1.17%, to 6,293, and Italy's FTSE MIB was flat at 23,760 at the time.

Spain's IBEX 35 declined 62 points, or 0.74%, to reach 8,372.

The selloff came after US indices plummeted on Thursday. The Dow Jones lost 1,063 points, or 3.1%, on Thursday for its worst single-day performance since 2020. The S&P 500 fell almost 3.6%, its second-worst day of the year. The Nasdaq Composite declined almost 5% to end the day at 12,317.69 -- its lowest closing since November 2020.