Asian stocks fell sharply today ; Cloudy wind shadowing Asian stocks today. Because the majority of the shares in Asian stocks fell sharply. The condition is also dragging down the regional benchmark index from its highest position in the past two years due to falling oil and metal prices.
One stock that tracks the decline include: Woodside Petroleum Ltd. dropped 5.3% after Royal Dutch Shell Plc to sell 10% stake and the slump in oil prices in the past two days. In addition, the decline was also experienced BHP Billiton Ltd. fell 1.2% after oil and metal prices decays. Canon Inc., which in recent days has gone up 7.4%, even down 0.85 this morning along with anxiety strengthening of the yen versus the dollar that would incriminate exporters.
At 9:34 pm Tokyo time, the MSCI Asia Pacific Index fell 0.2% to 134.99. Meanwhile, the Nikkei 225 Stock Average fell 0.23% to 9710.58.
Monday, November 8, 2010
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment