FX & CFD trading involves significant risk
Asian stocks fell to a two-month led by banking shares and developers after Australia’s business confidence deteriorated and on a report China may expand a property tax trial.
Nikkei 225 8,661.05 -15.39 -0.18%
S&P/ASX 200 4,379.8 -68.23 -1.53%
Shanghai Composite 2,047.89 -31.39 -1.51%
Westpac Banking Corp. dropped 1.7 percent in Sydney.
QBE Insurance Group Ltd. sank 6.1 percent as analysts cut ratings for Australia’s biggest insurer after lowered its profit forecast.
Shimao Property Holdings Ltd. led Chinese developers lower in Hong Kong. Petrochina Co. slid 1.7 percent as oil prices declined.
All posted material is a marketing communication solely for informational purposes and reliance on this may lead to loss. Past performance is not a reliable indicator of future results. Please read our full disclaimer.