Asian stocks decline due to slow economic recovery

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Asian stocks decline due to slow economic recovery

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Decrease in metal prices on international level is blamed for declining trends in stock markets.

02 June,2011 12:17 pm

Asian stocks dropped after reports of slow economic recovery of the world economy. Tokyo’s Morgan Stanley index lowered by 1.8 percent, Japanese Nikkei index by 1.7 percent and Hong Kong Hang Seng by 1.5 percent.At least 1.4 percent cut was recorded in China’s Shanghai composite index. According to experts, share prices are declining due to decrease in metal prices in the international markets.