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20 Aug 2013
Losses across Asia
FXstreet.com (Chicago) – Asian stocks are trading with losses with major indexes tracking the poor performance from the S&P, which accumulates 4 losing days, the first time that happens since mid June this year.
In Japan, the Nikkei 225 closed with 0.50% losses dragged by resources companies such as Index Corp. losing 3.3%. On the other hand, utilities companies dropped but the index remained under water closing at 13,690.40.
In China, the Shanghai Composite pockets 0.04% losses so far and the Hang Seng marks a 0.30% decline mostly due to concerns about China’s sustainable expansion and resources demand. In Australia, the Australia ASX All Ordinaries has dropped 0.44% so far while attention continues lingering around the Fed’s decision and China’s growth.
In Japan, the Nikkei 225 closed with 0.50% losses dragged by resources companies such as Index Corp. losing 3.3%. On the other hand, utilities companies dropped but the index remained under water closing at 13,690.40.
In China, the Shanghai Composite pockets 0.04% losses so far and the Hang Seng marks a 0.30% decline mostly due to concerns about China’s sustainable expansion and resources demand. In Australia, the Australia ASX All Ordinaries has dropped 0.44% so far while attention continues lingering around the Fed’s decision and China’s growth.