Asian stock market down september 2 2011

Indonesia stock info - Asian stock market down september 2 2011 ; Asian stock markets mostly fell Friday after a decline on Wall Street and ahead of the release of closely watched U.S. employment figures.

Japan's Nikkei 225 index, Asia's biggest market, fell 1.2 percent to 8,955.30, while Hong Kong's Hang Seng index declined 1.3 percent to 20,313.99.

The U.S. Labor Department announces figures for employment and the jobless rate in August later Friday. Employers are expected to have added 93,000 jobs. Such a figure would not significantly dent the current unemployment rate of 9.1 percent.

Fears that the U.S. economy is in danger of falling back into recession have dogged the markets, though recent indicators - including gains in auto sales, manufacturing and consumer spending - point to steady, though not strong, growth.

On the negative side, however, consumer confidence plunged in August to a two-year low and a key category that tracks business investment plans declined 0.9 percent in July.

"This is a big number," said Jackson Wong, vice president at Tanrich Securities in Hong Kong, referring to the jobs report. "The market is still very cautious ahead of the non-farm payrolls data."

Investors watch the report as a key barometer of the health of the world's largest economy, which despite its recovery from the worst of the sub-prime mortgage crisis and the global financial meltdown has struggled to create enough jobs to sharply bring down the unemployment rate.

Mainland China's Shanghai Composite Index fell 1.3 percent to 2,523.30, while South Korea's Kospi moved 0.7 percent lower to 1,868.77. Markets in Australia, New Zealand, Thailand and Singapore also fell.

Benchmarks in the Philippines and India, however, bucked the losing trend to gain less than 1 percent each.

Philippines stock market Sep 02 2011, India stock market Sep 02 2011, Hongkong stock market Sep 02 2011, Japan stock market Sep 02 2011, Singapore stock market Sep 02 2011, Australia stock market Sep 02 2011 , New Zealand stock market Sep 02 2011 , Thailand stock market Sep 02 2011.

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