Asian Market Roundup July 15

China

China’s benchmark Shanghai Composite Index on the Shanghai Stock Exchange closed at 2,424.30 points Thursday, down 46.14 points, or 1.87 percent from the previous close.

The Shenzhen Component Index on the Shenzhen Stock Exchange closed at 9,718.73 points Thursday, down 84.99 points, or 0.87 percent, from the previous close.

Japan

Tokyo stocks fell Thursday, as jitters over the resiliency of the U.S. economy and a stronger yen encouraged profit-taking in Tokyo Electron, Nissan Motor and several other shares that benefited during the prior session’s sharp rise.

The Nikkei 225 Stock Average fell 109.71 points, or 1.1%, to 9685.53 following Wednesday’s 258.01-point (2.7%) rise. The Topix index of all the Tokyo Stock Exchange First Section issues also fell 14.13 points, or 1.6%, to 856.60, as 32 of 33 subindexes ended in negative territory.

Australia

THE share market closed lower led by losses in the resources and financial sectors.

The benchmark S&P/ASX200 index was down 19.8 points, or 0.44 per cent, at 4442.6 points, while the broader All Ordinaries index had dropped 20.6 points, or 0.46 per cent, to 4456.7 points.

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