Asian shares drop as telecom and material stocks decline

Source: Bloomberg
Asian stocks declined as Japanese shares dropped and decline in telecommunication and raw-material companies dragged the MSCI Asia Pacific Index lower. The MSCI Asia Pacific Index slipped 0.1% to 137.9 at 7:33 p.m. Hong Kong time, having almost reversed earlier losses. Japan's Topix index fell 0.7% as its trading volume was 29% lower than its last 30-day average.

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