Asian stocks fell, with a regional index halting a four-day rally, as Japanese shares retreated on a stronger yen and a drop in oil weighed on energy companies.
Oil producer Santos Ltd. lost 3.1 percent in Sydney as energy shares fell the most among the MSCI Asia Pacific Index. Honda Motor Co., which gets more than 80 percent of its revenue outside Japan, declined 3.3 percent. Samsung Electronics Co. jumped 5.3 percent in Seoul after saying it will buy back shares valued at 2.19 trillion won ($ 2 billion).
The MSCI Asia Pacific Index fell 0.2 percent to 141.11 as of 4:36 p.m. in Hong Kong after rising as much as 0.2 percent. More than two shares dropped for each that rose. The Standard & Poorâ€™s 500 Index climbed 0.3 percent to a fresh record yesterday ahead of the Thanksgiving holiday as investors weighed economic data.
Japanâ€™s Topix index slid 1 percent as the yen strengthened for a third day against the dollar. South Koreaâ€™s Kospi index and Australiaâ€™s S&P/ASX 200 Index both climbed 0.1 percent. New Zealandâ€™s NZX 50 Index slipped less than 0.1 percent.
Hong Kongâ€™s Hang Seng Index lost 0.5 percent, and the Hang Seng China Enterprises Index of companies listed in the city slid 0.3 percent. Singaporeâ€™s Straits Times Index slipped 0.2 percent and Taiwanâ€™s Taiex index added 0.5 percent.
Source : Bloomberg
Sumber : bpfnews.com