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Geopolitical tensions weigh on Asia bourses

Heightened geopolitical tensions sent investors scurrying for safe havens, after the US said that a Malaysia Airlines passenger jet was shot down by a surface-to-air missile and Israel began a ground offensive against Hamas.

European stocks are expected to open about 0.4 per cent lower and US futures suggest the S&P 500 will dip 1 point to 1,957

Japan’s Nikkei 225 lost 1.2 per cent and Hong Kong’s Hang Seng index fell 0.5 per cent. Sydney’s S&P/ASX 200 recovered from a weak start and was trading off just 0.1 per cent.

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