Asian markets trading mixed on Wednesday after two days of intense selling amid the turbulence in crude oil markets. Wall Street finished lower yesterday for the second consecutive session since April 1st. The brent crude oil trading to multi-year lows at 16.88 per barrel as the pressure in WTI crude oil futures continues.
Global confirmed coronavirus cases had reached 2,400,000, according to the World Health Organization while the death toll has hit 170,000. China reported today 30 new coronavirus cases, up from 11 yesterday.
Nikkei 225 finished 0.74% lower at 19,137 having breached earlier the 19,000 mark for the first time the last two weeks. The Singapore Straits Times is 0.54% lower at 2,538. The Shanghai Composite is 0.55% lower at 2,842, while the Hang Seng Index is 0.34% higher at 23,875.