Asian stock markets drop august 22 2011

Indonesia stock info - Asian stock markets drop august 22 2011 ; Asian stocks fell for a third day as speculation the US Federal Reserve will announce further measures to stimulate the economy failed to temper concern that German chancellor Angela Merkel’s resistance to common euro-area bonds will prolong the region’s debt crisis.

Asian stock markets have started the week on a weak note. Stock markets in China (down 0.5%), Hong Kong (down 0.6%), South Korea (down 0.6%), Singapore (down 0.9%) and Indonesia (down 1.8%) are trading in the red. However, markets in Japan are trading firm (up 0.3). The Indian stock market have opened the day on a weak note as well. Stocks in the IT and capital goods space are leading the losses. However, realty stocks are trading firm.



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