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Asian stocks slipped as the US dollar strengthened
Mixed data and speculations the Feds will not provide more stimulus plans to improve recovery and sustain the jobs sector pushed the MSCI Asia Pacific Index down today by 0.6% to 130.31 at 16:00 in Tokyo, as investors lost their appetite for risk, moving to lower yielding assets like the dollar and the yen.
Nikkei 225
Nikkei 225 fell today by 0.02% or 1.76 points closing at 9498.49. From 225 shares, 118 advanced, 90 declined and 17 unchanged. Sectors leading the decline were the industrials that lost 12.08 points, the telecommunications that lost 4.33 points and consumer services that lost 2.79 points.
Lagging shares today Fast Retailing Co Ltd which fell by 2.13% closing at 10590 yen, second was Softbank Corp which fell by 1.42% closing at 2709 yen. Third was Fanuc Ltd which fell by 0.80% and closed at 11220 yen.
Among the shares that advanced Honda Motor Co Ltd topped the list by rising 1.01% closing at 2994 yen, followed by NGK...
Mixed sentiment brought losses in Asia
Investors lost their appetite for risk, looking for safer assets, on fears over the strength of the largest economy in the world based on poor economic data from the jobs sector. The MSCI Asia Pacific Index fell from a two years high by 0.6% to 131.27 at 15:08 in Tokyo.
Nikkei 225
Nikkei 225 fell today by 0.87% or 83.26 points closing at 9500.25. From 225 shares, 29 advanced, 183 declined and 13 unchanged. Sectors leading the decline were consumer goods that lost 20.89 points, the industrials that lost 18.91 points and the financials that lost 15.51 points.
Lagging shares today Fast Retailing Co Ltd which fell by 1.46% closing at 10820 yen, second was NTT Data Corp which fell by 3.35% closing at 245400 yen. Third was Honda Motor Co Ltd which fell by 1.36% and closed at 2964 yen.
Among the shares that advanced Tokyo Electron Ltd topped the list by rising 2.47% closing at 4765 yen, followed by Fanuc Ltd which...
