Asia
Japan
NKY-0.68%, TPX -0.58%
NKY fell as worry lingered about the pace of economic recovery and the impact of the strong yen. Report that PM Kan and BoJ government Shirakawa talked on the phone instead of meeting in person also led the market to think Japan may not take action against a strong yen. Turnover on the TPX fell to 1.04 trillion yen from 1.12 trillion yen last Friday
Stocks fell across most sectors led by tech, materials, industrials, telecom and consumer. Oil & gas and utilities rose
Exporters fell on a strong yen: autos -0.77%, CE -1.24%, precision -1.60%.
Traders -0.66% after metal prices fell
Best performing sectors on the TPX: oil & coal +0.80%, fishery, agriculture & forestry +0.54%, electric power & gas +0.42%; worst performing sectors: textiles & apparels -1.67%, precision -1.60%, pulp & paper -1.42%
Flow: buying brokers, selling telco, autos and banks
Hong Kong
HSI -0.44%; HSCEI -0.93%
Stocks fell, tracking the regional market as concerns on the strength of global economic recovery weighed on stocks. Turnover on the HSI fell to HK $18.64B from HK$20.96B last Friday
China
SHCOMP -0.11%; SZCOMP +0.39%
Stocks close down after fluctuating in a narrow range as investors took profits. Turnover on the SHCOMP fell to 116.03B yuan from 118.67B yuan last Friday
Stocks were mixed. Consumer, industrials, health care and tech rose while telecom, oil & gas, materials, financials and utilities fell
Real estate -0.72%. Vankes chairman Wang Shi said home prices in Chinas largest cities may fall 10% - 15%