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- Asian Stocks close: stock markets were down due to rising concerns over tensions between Russia and Ukraine
Asian Stocks close: stock markets were down due to rising concerns over tensions between Russia and Ukraine
Asian stock
markets were down due to rising concerns over tensions between Russia and
Ukraine. The Japanese index Nikkei 225 declined caused by a strong yen and the
weaker-than-expected earnings of some companies. The Japanese stock market will
be closed for a public holiday tomorrow.
The stock
indexes in China and Hong Kong dropped amid increasing concerns over new
initial public offering listings.
Indexes on
the close:
Nikkei
225 14,288.23 -141.03 -0.98%
Hang
Seng 22,132.53 -91.00
-0.41%
Shanghai Composite 2,003.49 -33.03 -1.62%
Honda Motor
Co. shares declined 4.5% because of the worse-than-expected earnings forecast for
the fiscal year ending March 31, 2015.
Nippon
Sheet Glass was down over 8%.
Newcrest
Mining increased 5.7%.
Yahoo Japan
Corp. dropped 6.2% after announcing earnings missed the company’s own forecast.
Japan
Display Inc. shares, supplies screens to Apple Inc., were down 16% after reporting
earnings missed the company’s own forecast for the fiscal year ending March 31,
2014.
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