Asian shares fall, trading muted with Good Friday holidays

Published April 13, 2022 11:10 pm

By YURI KAGEYAMA
AP Business Writer

TOKYO (AP) — Asian shares have fallen in muted trading as markets close for Good Friday and other holidays. Benchmarks declined in Tokyo, Seoul and Shanghai. Sydney and Hong Kong were among markets observing holidays. Shutdowns in major Chinese cities due to coronavirus outbreaks and the war in Ukraine are weighing on sentiment. On Thursday, stocks fell on Wall Street as investors gave mixed reviews to earnings from four of the nation’s largest banks. Much attention was focused on the drama surrounding Tesla CEO Elon Musk’s offer to buy Twitter for $43 billion. Investors are also watching corporate earnings for whether consumers have pulled back on spending.

Article Topic Follows: AP National Business

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