Asian stocks decline on Europe's woes

Note: This section contains information in English only.
Source: Marketwatch
© Scanpix/Reuters

Asian stocks are traded lower eying the spreading debt crisis in the euro-zone. Energy and banking sectors are the top decliners. Australia's S&ASX index decreased by 1.7%, South Korea's Kospi lost 1.4%, Hong Kong's Hang Seng Index declined by 1.3% and China's Shanghai Composite fell by 0.4%. However, Japan's Nikkei Stock Average increased by 0.2%, but stayed near two-year low.

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