Asian stocks outside Japan fell for a third day as a retreat in emerging markets dragged the regional equities gauge to its lowest level in a week. Japan’s Topix index gained amid low trading volumes.
Nikkei 225 13,758.13 +108.02 +0.79%
Hang Seng 22,442.34 -75.47 -0.34%
S&P/ASX 200 5,112.53 -1.33 -0.03%
Shanghai Composite 2,085.6 +17.15 +0.83%
Tokyo Electric Power Co. fell 3.6 percent after saying an alarm went off at its Fukushima Dai-Ichi nuclear reactor, indicating high radioactive concentration.
BlueScope Steel Ltd. fell 14 percent as sales missed analyst estimates and Australia’s No. 1 steel producer forecast a weaker first half of the financial year.
JX Holdings Inc. gained 4 percent after Mitsubishi UFJ Morgan Stanley Securities Co. advised buying the Japanese refiner’s shares.