Asian stocks down as Yen hikes

Asian stocks down as Yen hikes
Updated on

Summary

Bearish trend prevailed in the Asian stocks as Yen hiked against dollar and European currencies. Asia Pacific MSCI Index lost 1 percent while Jpan;s Nikkei Index 1.16percent.Hong Kong Hang Seng lost 0.7percent.The decrease in Japans exports cast negative impact on the stocks.