Asian Stocks Fall On The First Trading Session Of This Week |
Asian stocks fell today as oil expanded its gains, which increased worries about the effect of the rising energy prices on the global recovery. The Japanese car producing companies saw a decline in their shares today after City Group lowered their rating today.
The MSCI Asia Pacific was almost unchanged today at 136.63 at 13:55 in Tokyo. The yen started rising again against the dollar, which brought more losses to the Japanese companies.
Nikkei 225
Nikkei 225 fell today by 0.50% or 48.38 points closing at 9719.70. From 225 shares, 90 advanced, 119 declined and 16 unchanged. Sectors leading the decline were the industrials that lost 16.73 points and consumer goods that lost 15.19 points.
Lagging shares today were TDK Corp which fell by 3.06% closing at 4600 yen, second was Honda Motor Co Ltd which fell by 2.22% closing at 2903 yen. And Kyocera Corp which fell by 1.40% closing at 8460 yen.
Among the shares that Secom co Ltd topped the list by rising 1.77% closing at 4030 yen, followed by Dentsu Inc which rose by 1.60% and closing at 2158 yen. And Takeda Pharmaceutical Co Ltd which rose by 0.77% and closing at 3920 yen.
S&P/ASX 200
The S&P/ASX 200 rose today by 0.62% or 30.60 points closing at 4971.60. From 200 companies, 72 shares ended green compared to 118 ending in red and 10 unchanged. Sectors leading the incline were basic materials that gained 33.88 points and oil & gas that gained 4.15 points.
Infigen Energy inclined the most today as it rose 13.33% closing at 0.43 Australian dollars, followed by Intrepid Mines Ltd surging 9.35% closing at 2.34 Australian dollars, and Southern Cross Media Group that surged by 6.51% closing at 1.71 Australian dollars.
Lagging shares today included Goodman Group that retreated 4.73% closing at 0.71 Australian dollars, trailed by James Hardie Industries SE loosing 4.54% closing at 5.89 dollars. And Aristocrat Leisure Ltd that fell 4.05% closing at 3.08 Australian dollars.
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