Asian stocks dropped after the regional benchmark index climbed for a sixth day yesterday to cap its longest run of advances this year.

Nikkei 225 14,534.74 -265.32 -1.79%

S&P/ASX 200 5,308.1 -1.95 -0.04%

Shanghai Composite 2,098.4 -11.55 -0.55%

Asahi Group Holdings Ltd. slid 4.5 percent in Tokyo after Japan’s second-largest beermaker’s net-income forecast missed estimates.

Tokyo Tatemono Co. plunged 8.3 percent after the developer predicted full-year operating profit below analyst expectations.

Qantas Airways Ltd. jumped 6.3 percent after the Sydney Morning Herald reported that Australian Treasurer Joe Hockey said the nation’s biggest carrier met pre-conditions for government support.