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May 23, 2012 7:35 PM EDT
Updated: Aug 31, 2010 7:55 AM EDT  

Asia

 

Japan

•    NKY-3.55%, TPX -2.96%

•    NKY fell tracking US overnight after US income registered a smaller-than-expected growth and as investors continued to sell on BoJ’s failure to curb the yen’s strength. Turnover on the TPX fell to 1.07 trillion yen from 1.18 trillion yen yesterday

•    Stocks fell across most sectors led by tech, industrials, materials, oil & gas, financials and consumers

•    Exporters fell as the yen resumed strength: autos -2.36%, CE -3.34%, precision -4.15%

•    Tech plunged 3.81% tracking its US peers

•    Oil & gas -3.08% after crude prices fell

•    Best performing sectors on the TPX: electric power & gas -0.46%, airline -1.31%, pharma -1.62%; worst performing sectors: glass & ceramics -4.27%, construction -4.17%, precision -4.15%

 

Hong Kong

•    HSI -0.97%; HSCEI -1.12%

•    Stocks fell amid concerns about the global economy after US income rose smaller-than-expected. Turnover on the HSI fell to HK$15.17B from HK$16.83B yesterday

•    Shippers fell on concern slowing global economy will reduce transport demand:

 

China

•    SHCOMP -0.52%; SZCOMP +0.72%

•    SHCOMP fell with concerns about the global economy offsetting strong corporate earnings and prompting investors to sell financials. Turnover on the SHCOMP rose to 118.58B yuan from 74.01B yuan yesterday

•    Stocks fell across most sectors led by financials, utilities, oil & gas, telecom, industrials and materials. Tech and health care rose

•    Shippers -1.33% on concern a slowing global economy will reduce transport demand

•    Airlines -3.17% after recent rally                                       

•    Financials were weak: real estate -0.52%, banks -1.72%, insurers -1.73%  

•    Oil & gas -0.82% after crude price fell                                  

•    investors continued to chase food names +1.35% and health care +0.88%