· The risk-off mood sparked by a powerful North Korean nuclear test hit European shares on Monday, triggering a broad sell-off, while Novartis fell following the news that its CEO will step down.
The pan-European STOXX 600 index and euro zone blue chips .STOXX50E both fell 0.5 percent and the UK's FTSE .FTSE slipped 0.2 percent.
· Japan’s Nikkei share average stumbled on Monday after North Korea conducted its most powerful nuclear test yet, and some traders expect more selling when the United States reopens after Monday’s holiday.
The Nikkei fell 0.9 percent to 19,508.25, slipping from Friday’s two-week high while the broader Topix declined1.0 percent to 1,603.55.
· China’s major indexes ended at fresh 20-month highs on Monday despite heightened geopolitical tensions, as investors downplayed the longer-term impact on stocks from North Korea’s latest nuclear test.
The blue-chip CSI300 index rose 0.4 percent, to 3,845.62 points, while the Shanghai Composite Index also gained 0.4 percent to 3,379.58 points.
Reference: Reuters, CNBC
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