EU’s Credit Woes and US’s Growth Worries Pushed the Asian Stocks... |
Asian stocks fell today for the forth day as sentiment continues to deteriorate due to EU's credit woes and US's growth worries since the economy might face a downgrade if officials fail to come up with an agreement to increase their debt ceiling. The MSCI Asia Pacific Index fell by 0.2% to 134.77 at 14:30 in Tokyo.
Nikkei 225
Nikkei 225 fell today by 0.85% or 84.75 points closing at 9889.72. From 225 shares, 55 advanced, 154 declined and 16 unchanged. Sectors leading the decline were the industrials that lost 27.99 points and consumer goods that lost 23.58 points.
Lagging shares today were Fast Retailing Co Ltd which fell by 2.08% closing at 13160 yen, second was Fanuc Corp which fell by 1.42% closing at 13920 yen. And Canon Inc Corp which fell by 2.77% closing at 3680 yen.
Among the shares that advanced Seven & I Holdings Co Ltd topped the list by rising 1.39% closing at 2264 yen, followed by Sumitomo Metal Mining Co Ltd which rose by 2.17% and closing at 1364 yen. And Mitsubishi Corp which rose by 1.12% and closing at 2072 yen.
S&P/ASX 200
The S&P/ASX 200 fell today by 0.09% or 3.90 points closing at 4468.10. From 200 companies, 84 shares ended green, 99 ended in red and 17 unchanged. Sectors leading the decline were the financials that lost 7.71 points and basic materials that lost 2.04 points.
Lagging shares today included Pacific Brands Ltd that retreated 4.51% closing at 0.64 Australian dollars, trailed by Cabcarge Australia Ltd loosing 3.60% closing at 5.09 dollars. And White Energy Co Ltd falling 3.24% closing at 1.79 Australian dollars.
Envestra Ltd inclined the most today as it rose 6.30% closing at 0.68 Australian dollars, followed by Western Areas NL surging 6.28% closing at 5.92 Australian dollars, and TABCORP Holdings Ltd that surged by 5.16% closing at 3.26 Australian dollars.
Hang Seng
Hang Seng rose today by 0.45% or 97.65 points to close at 21902.40. From 46 companies, 31 rose today, while 14 fell, and 1 unchanged. Sectors leading the incline were the financials that gained 55.35 points and oil and gas that gained 20.17 points.
The shares that advanced were China Mobile Ltd topped the list by rising 1.33% closing at 72.35 Hong Kong dollars, followed AIA Group Ltd that rose by 1.91% closing at 16.70 Hong Kong dollars. And China Construction Bank Corp that rose by 0.83% closing at 6.07 Hong Kong dollars.
Lagging shares today were Tecent Holdings Ltd which fell 1.43% closing at 207.40 Hong Kong dollars, and Li & Fung Ltd falling by 3.58% closing at 13.48 Hong Kong dollars. And China Unicom Hong Kong Ltd falling by 0.92% closing at 15.06 Hong Kong dollars.
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