Asian Stock Markets tumble

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Asian Stock Markets tumble

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25 September,2009 12:37 pm

A bearish trend is being witnessed in the Asian Stock Markets following the apprehensions regarding world economy. MSCI Asia Pacific Index reached 117 points with a decrease of one percent due to the selling pressure. The value of Japans biggest brokerage house Namora Holdings shares fell by 18 percent. Nakai Index also witnessed a decrease of 2.9 percent. In Copsi a decrease of 0.5 percent was observed while Hang Sang dropped by 125 points. Experts say that economic figures are not as per the expectations due to which investors prefer the profit taking