Thursday, April 5, 2012

Asian Stock Market Nikkei Down april 6 2012

Asian Stock Market Nikkei Down april 6 2012 : Asian shares struggled on Friday, with many markets closed for the Easter holiday, as investors stayed on the sidelines ahead of key U.S. jobs data, avoiding risk after rising yields in weaker euro zone countries refuelled concerns about the region's debt issues.

Worries about Spain's rising bond yields were offset somewhat by fresh U.S. data on Thursday that provided more evidence of a recovering labour market, raising prospects of the non-farm payrolls report due later on Friday being solid.

MSCI's broadest index of Asia Pacific shares outside Japan fell earlier for a third straight session, before steadying near late Thursday levels. The index hit a four-week low on Thursday and is set for a weekly loss of about 0.1 percent.

Japan's Nikkei average 225 was down 0.5 percent, on track for its worst weekly loss in eight months.

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