Asian stocks closed mostly lower on Monday (25), after a round of losses on Wall Street driven by disappointing economic data and corporate earnings.
Japan’s Nikkei stock index fell 0.77% in Tokyo to 27,699.25 points, while the Hang Seng dropped 0.22% in Hong Kong to 20,562.94 points, and the Taiex registered a slight loss of 0.09% in Taiwan, at 14,936.33 points.
In mainland China, the Shanghai Composite was down 0.60% to 3,250.39 points, and the less comprehensive Shenzhen Composite was down 0.92% to 2,165.36 points.
Exception, the South Korean Kospi advanced 0.44% in Seoul, to 2,403.69 points, helped by defense actions and the automotive sector.
The predominance of the bad mood in Asia came after the New York stock exchanges closed Friday’s business (22) lower, in the wake of economic indicators and worse-than-expected company balance sheets in the US.
Global investors are waiting for the Federal Reserve’s monetary policy decision (Fed, the US central bank), which on Wednesday (27) should raise interest rates once again, in an attempt to combat inflationary pressures.
In Oceania, the Australian stock market was practically stable today, with a marginal drop of 0.02% from the S&P/ASX 200, at 6,789.90 points.
With information from Dow Jones Newswires
Source: CNN Brasil
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