Stock markets in Asia suffered from the backlash from UK and US investors about the increase in coronavirus cases on Tuesday.
Countries such as Hong Kong, Australia, South Korea and China, stock markets were all down.
Investors were in a state of deterioration by failing hopes for more financial support for the US economy.
Nevertheless, European markets opened a bit higher on Tuesday and London’s 100 share index was up 0.4% at 5826.24 points.
Previously, Australia’s All Ordinaries ended down 0.7% at 5,973.50, Hong Kong’s Hang Seng lost 1% to 23,720.06, the Shanghai Composite fell 1.3% to 3,274.30 while south Korea’s Kospi dropped by 2.38%, to end at 2,332.59.
Japan’s markets were closed for a public holiday.
On Monday, UK and US stock markets suffered heavy losses over fears that a fresh rise in coronavirus cases will defect economic hope.
More than £50bn was cut out off UK shares, causing similar falls across European and US stock markets.
The contrary sentiment then spread into Asia, which has earlier been the focus of hope from China’s steady economic recovery.
Australian shares were pulled to their lowest level since mid-June, under tension by its mining and energy stocks.
At around 2% both Major mining firms BHP Group and Rio Tinto fell down.
