fbpx

Type to search

Asian Stocks Face Brunt of China Curbs, Ukraine Crisis – Nikkei

Concerns of rising raw material costs and supply chain bottlenecks weighed on manufacturing companies across China, Taiwan and South Korea


Palm oil
The market capitalisation of energy and commodity firms in Thailand, Malaysia and India rose in recent months. Photo: Reuters.

 

Shares of some of Asia’s biggest companies lost market capitalisation in the first two months of Russia’s invasion, Nikkei Asia reported.

Though concerns of rising raw material costs and supply chain bottlenecks weighed on manufacturing companies across China, Taiwan and South Korea, the market capitalisation of energy and commodity firms in Thailand, Malaysia and India rose, the report added.

 

Read the full report: Nikkei Asia.

 

 

 

ALSO READ:

 

Asian Stocks Slide, Dollar Soars As Rate Hike Concerns Weigh

 

Asian Stocks Slip as China’s Covid Lockdowns Dent Outlook

 

Asian Stocks Trail Wall Street Rally But Covid, Inflation Weigh

 

 

Tags:

Sean O'Meara

Sean O'Meara is an Editor at Asia Financial. He has been a newspaper man for more than 30 years, working at local, regional and national titles in the UK as a writer, sub-editor, page designer and print editor. A football, cricket and rugby fan, he has a particular interest in sports finance.