Tuesday, November 29, 2011

Asian stock markets Nikkei 225 dropped november 30 2011

Asian stock markets Nikkei 225 dropped november 30 2011 : Asian stock markets mostly fell Wednesday after a meeting of European finance ministers failed to stem fears that the euro currency union is hurtling toward a breakup.

Japan's Nikkei 225 index dropped 0.9 percent to 8,406.04 and South Korea's Kospi shed 0.1 percent to 1,854.36. Hong Kong's Hang Seng lost 0.7 percent to 18,136.53. Australia's S&P/ASX 200 rose 0.3 percent to 4,112.20.

Japan's industrial production rose 2.4 percent in October from the previous month, the government said Wednesday. But the Ministry of Economy, Trade and Industry expects it to dip again in November and described industrial production as "flat.''

A meeting in Brussels of finance ministers from the 17 countries that use the euro ended without an announcement on plans to contain the debt crisis that is threatening to shatter the currency union. For the latest updates on the stock market, visit Stock Market Today
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