Nikkei 225 index down for a third consecutive day

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Source: Dukascopy Bank
Japan's Nikkei Stock Average extended losses for a third straight day and fell 0.64% or 61.57 points to 9,576.06, marking the lowest value in two weeks. Exporters maintained downward path on stronger Yen. Sony Corp lost 2.3%, Mazda Corp declined 3.38% and Fujitsu Ltd tumbled 2.3%. Financials also deteriorated on Greek default worries. Nomura Holdings Inc slipped 1.9% and Daiwa Securities Group dropped 2.4%. Among few gainers were Dowa Holdings and Dainippon screen adding 3.9% and 3.7% respectively. 

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Wed, 07 Mar 2012 14:05:23 GMT

Hang Seng index extends losses on global concerns

Hong Kong's Hang Seng index prolonged its downward trend on Wednesday as fears about possible Greece's financial collapse and global slowdown returned. Hang Seng index lost 0.86% or 178.47 points and closed at 20,627.78. China Life Insurance tumbled 6.5% after the firm released a profit warning. Worries about global growth pressed commodities with China Coal Energy giving up 1% and

Wed, 07 Mar 2012 13:29:58 GMT

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