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Asia stocks slide after reports of smoke at Ukraine nuclear power plant

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SINGAPORE — Shares in Asia-Pacific slipped in Friday trade as investors remain on edge over Russia’s invasion of Ukraine.

It Nikkei 225Japan’s Topix index fell 1.99%, while Japan’s slipped by 2.47%.

Hong Kong Hang Seng indexThe stock also experienced heavy losses with a drop of 2.51%. China’s mainland saw the largest losses. Shanghai compositeAs a result, the shedding of 0.93% Shenzhen componentThey fell 0.644%

South Korea KospiThe drop was 1.26 percent

The Australian capital is Sydney. S&P/ASX 200You can save 1.39%

MSCI’s Asia-Pacific broadest index, which is not based on Japan, traded at 1.49% below its previous high.

The major indexes in Asia-Pacific extended losses Friday after reports that smoke was visible from a nuclear power plant in Ukraine — the largest in Europe — after Russian troops attacked. It is difficult to confirm reports coming from Ukraine that the situation in Ukraine has worsened rapidly.

Tapas Sterickland, an economist with National Australia Bank wrote that “Risk sentiment is still fragile” in a note.

Investors have been monitoring oil prices closely, which has risen in the last few days. International benchmarks were released Friday morning during Asia trading hours. Brent crude futuresBarrel price increased by 2.37% to $113.08 U.S. crude futuresThe price per barrel also increased by 3.09% to $111

Oil prices saw a pullback on ThursdayAfter days of rapid growth, the price has finally fallen U.S. crude futuresAfter recently reaching $119.84 per barrel, international benchmark Brent crude futures are currently at $110.4 per bar. That is the highest level seen since May 2012.

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Overnight stateside, The Dow Jones Industrial Average shed 96.69 points to 33,794.66 while the S&P 500 dipped about 0.53% to 4,363.49. The Nasdaq Composite fell 1.56% to 13,537.94

Currencies

It U.S. dollar indexThe, which compares the greenback to a basket its peers, reached 97.983 on Tuesday, after rising recently from below 97.5.

It Japanese yenIt traded at 115.36 USD, which was lower than its earlier levels against the greenback of 115. The Australian dollarAfter a general increase from below $0.721 this week, the price of $0.7316 has changed.

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