HONG KONG– Asian shares tumbled to their lowest in seven weeks on Friday, Reuters reported.

MSCI’s broadest index of Asia-Pacific shares outside Japan shed 2.65% on Friday and fell to its lowest level since March 16.

Overnight, the Dow Jones Industrial Average and the S&P 500 both fell more than 3%, and the Nasdaq Composite shed 4.99% in its biggest single-day plunge since June 2020.

Brent futures rose 0.6% to $111.57 a barrel. U.S. crude rose 0.64 % to $108.95 a barrel. Gold was flat at $1876.4 an ounce.

Source: Saudi Press Agency