Asian stocks slump on profit-taking amid US-NKorea tensions

  • 2/5/2023
  • 12:55
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SEOUL, Dhu-AlQa'dah 19, 1438, Aug 11, 2017, SPA -- Asian stock markets slumped Friday following overnight losses on Wall Street, as President Donald Trump's bellicose remarks on North Korea prompted investors to unload shares in companies that have been on the rise, AP reported. South Korea's Kospi sank 1.7 percent to 2,319.83 and Hong Kong's Hang Seng shed 1.8 percent to 26,946.81. Shanghai Composite Index tumbled 1.9 percent to 3,201.45. Australia's S&P/ASX 200 dropped 1.2 percent to 5,693.10. Stocks in Singapore and other Southeast Asian countries were also lower. Japan was closed on a public holiday. --SPA 10:09 LOCAL TIME 07:09 GMT www.spa.gov.sa/w464153

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