PT. Equityworld Futures - Asian
stocks fell, led by mainland China shares as measures to shore up the
market failed to stop margin traders from unwinding positions at a
record pace and investors awaited Greece’s referendum.
The
Shanghai Composite Index capped its steepest three-week slide since
1992, falling 5.8 percent on Friday. BHP Billiton Ltd. lost 1.5 percent
in Sydney, dragging commodity producers to the largest declines on the
regional gauge. China Resources Land Ltd. dropped 4 percent in Hong Kong
as just eight of 50 shares on the Hang Seng Index advanced.
The
MSCI Asia Pacific Index slipped 0.4 percent to 146.36 as of 5:03 p.m.
in Tokyo. The measure is headed for a 1 percent decrease this week. With
the Shanghai gauge tumbling more than twice as fast as any other index
worldwide, regulators have pledged to investigate market manipulation
and unveiled measures to revive confidence among the nation’s 90 million
individual investors.
The
Hang Seng Index fell 0.8 percent and the Hang Seng China Enterprises
Index declined 1.4 percent. Australia’s S&P/ASX 200 Index slipped
1.1 percent and New Zealand’s NZX 50 Index was little changed. South
Korea’s Kospi index fell 0.1 percent and Singapore’s Straits Times
gained 0.4 percent.
Japan’s Topix index added 0.2 percent, paring this week’s drop to 0.9 percent.
The
Standard & Poor’s 500 Index ended the shortened week down 1.2
percent, the biggest weekly loss since March, after closing little
changed Thursday. The monthly U.S labor report indicated job creation
advanced in June while pay stagnated and the size of the workforce
receded.
Sumber : ewfpro.com