Friday, September 30, 2011

Asia Stock chose the red zone

During today's trading stock index Asia-Pacific region fell for the first four sessions and complete the quarter the most significant decline for almost 3 years, reported Bloomberg. Statistical data from the U.S. not calmed investors' fears concerning the threat of recession, world's largest economy.

Composite stock index MSCI Asia Pacific region fell by 0.5% - to 113.56 points. Since the beginning of the week indicator gained 1.7%. Japan's Nikkei 225 fell 0.5%, South Korea's Kospi - 1.2%, Hong Kong's Hang Seng - by 2.1%.

Stock quotes a Hong Kong company Li & Fung Ltd., A supplier of clothing and toys to retailers in the world, including Wal-Mart, have fallen by 5.1% due to fears of demand reduction.

Paper concern the world's leading automotive Japanese Toyota Motor Corp. fell 0.9%.

Samsung Electronics Co. reduced the capitalization of 1.9%.

Price of securities of the second-largest oil company Australian Woodside Petroleum Ltd. increased by 0.8% following the increase in oil prices.

Since the beginning of the month MSCI Asia Pacific has fallen off by 9.1%, bringing the decline this quarter, up 16% - a maximum of three months ended in December 2008, in the midst of a global crisis. In selected markets in the region is a quarterly decline of 11% to 21%.

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