Asian stocks down after Paris attacks

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Stocks across Asia were down Monday in the first day of trading after the Paris terrorist attacks which left about 130 people dead.

Hong Kong’s benchmark Hang Seng index was down by 1.67 per cent. On the mainland the Shanghai composite index opened down at 3,522.461, but recovered slightly to 3,562.544, or 0.51 per cent below Friday’s closing level.

Japan’s benchmark Nikkei 225 Stock Average was down by 1.01 per cent, Australia’s S&P index was 0.80 per cent lower, while South Korea’s Kospi was down by 1.20 per cent.

Stock markets have often dived after previous such terrorist attacks, but the effects are increasingly short-lived, according to financial newswire Bloomberg.

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