• Asian Stocks close: most stocks fell due to concerns over escalating violence in Iraq

Notícias do Mercado

16 junho 2014

Asian Stocks close: most stocks fell due to concerns over escalating violence in Iraq

Most Asian stock fell due to concerns over escalating violence in Iraq. The violence in Iraq could lead to disruptions in the oil supplies in OPEC’s second-biggest oil producer.

The Bank of Japan (BoJ) released its monthly economic report. The BoJ said Japan's economy has continued to recover moderately as a trend, but there is a decline in demand following caused by the consumption tax hike.

Indexes on the close:

Nikkei 225                         14,933.29                  -164.55             -1.09%

Hang Seng                        23,300.67                    -18.50              -0.08%

Shanghai Composite           2,085.98                   +15.27             +0.74%

Korean Air Lines Co. shares declined 2.2% due to increasing oil prices.

Panasonic Corp. shares sank 1.5%.

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