Asian stocks fell today to the lowest in more than a year on worries the European dept crisis may deepen since policy makers may fail to contain it, which is causing a slowdown in the European economy pushing it towards a recession. The MSCI Asia Pacific Index fell today by 2.1%.
Nikkei 225
Nikkei 225 fell today by 2.17% or 186.13 points closing at 8374.13. From 225 shares, 30 advanced, 190 declined and 5 unchanged. Sectors leading the decline were the industrials that lost 87.10 points and the telecommunications that lost 34.17 points.
Lagging shares today were KDDI Corp which fell by 8.01% closing at 574000 yen, second was Fanuc Corp which fell by 3.60% closing at 10440 yen. And Softbank Corp which fell by 5.04% closing at 2167 yen.
Among the shares that advanced Fast Retailing Co Ltd topped the list by rising 0.80% closing at 13880 yen, followed by Terumo Corp which rose by 1.86% and closing at 3830 yen. And KAO Corp which rose by 2.55% and closing at 2134 yen.
S&P/ASX 200
The S&P/ASX 200 fell today by 1.01% or 39.30 points closing at 3863.90. From 200 companies, 51 shares ended green, 137 ended in red and 12 unchanged. Sectors leading the decline were basic materials that lost 41.43 points and oil & gas that lost 7.90 points.
Lagging shares today included Murchison Metals Ltd that retreated 19.51% closing at 0.33 Australian dollars, trailed by Interpid Mines Ltd loosing 17.92% closing at 0.87 dollars. And Lynas Corp Ltd falling 17.06% closing at 0.88 Australian dollars.
Gunns Ltd inclined the most today as it rose 9.68% closing at 0.17 Australian dollars, followed by James Hardie Industries SE surging 5.52% closing at 5.73 Australian dollars, and Virgin Blue Holdings Ltd that surged by 3.33% closing at 0.31 Australian dollars.