Moscow. November 16. Asian stocks edged lower on Monday amid increased concerns about terrorist attacks in Paris, reports Bloomberg.
The Japanese index Nikkei 225 has decreased during the auctions on 0,9%, Chinese Shanghai Composite – on 0,2%, Hong Kong Hang Seng – on 1,5%, the Australian S&P/ASX 200 by 0.9%.
“Global markets are too risk-averse in the short term against the background of increasing geopolitical tensions, says analyst Mitsubishi UFJ Asset Management Kokusai in Tokyo Ciosi Ishigane. – However, I think the impact of this factor on the economy will be limited, it will only affect France and the EU.”
The yen to the US dollar has strengthened on Monday against a backdrop of increased demand for the assets of the “safe Harbor” that puts pressure on the share prices of Japanese exporters.
Paper airline Japan demonstrated the largest decline in the course of trading, the share price of Japan Airlines fell by 2.9%, ANA Holdings by 3.2%.
According to Japanese tour operator H. I. S. Co. decreased by 4.7% on the company’s statement that it will refund customers who plan to refuse to visit France.
Statistics, published Thursday, pointed to a recession in the Japanese economy. The country’s GDP in the third quarter of 2015 declined, the drop recorded in the second quarter in a row that meets the definition of a recession.
According to preliminary official data, the Japanese economy in July-September decreased by 0.8% in recalculation on annual rates. Analysts surveyed by Bloomberg, forecasted a decline in GDP by 0.2%.
The contraction of Japanese GDP relative to April-June amounted to 0.2% when economists expected a decline of 0.1%.
Assessment of the decline in GDP in the previous quarter was revised from 1.2% to 0.7% in annual terms and 0.3% at 0.2% in quarterly.
The weakening of the Chinese market on Monday, aided by information that the authorities have tightened the requirements for margin lending.
Against this background cheaper stocks brokerage firms: securities Citic Securities fell in price by 3.3%, Haitong Securities – 3.2%, Founder Securities – 4.8%.
The shares of Chinese airlines Air China and China Southern Airlines lost value more than 4%.
The evening of November 13 in Paris has been an unprecedented series of coordinated terrorist attacks, which killed 129 people. French President Francois Hollande declared a state of emergency throughout the country and declared three days of mourning. Responsibility for the terrorist attack took on the extremist group “Islamic state”.