Asian stocks fell, dragging the regional benchmark equities index down from an 18-month high, amid renewed concern about Europe’s debt crisis.
Nikkei 225 11,046.92 -213.43 -1.90%
Hang Seng 23,148.53 -536.48 -2.27%
S&P/ASX 200 4,882.72 -24.80 -0.51%
Shanghai Composite 2,433.13 +4.98 +0.20%
Konica Minolta Holdings Inc., a Japanese maker of imaging equipment that gets 28 percent of its sales in Europe, dropped 3.1 percent.
Macquarie Group Ltd. lost 4.1 percent amid concern full-year earnings may trail the Australian lender’s forecast.
China Petroleum & Chemical Corp. fell 6.6 percent in Hong Kong after Asia’s biggest refiner said it plans to sell shares worth HK$24 billion ($3.1 billion) at a discount.