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Asian stocks fell, dragging the regional benchmark equities gauge lower for a second day, led by raw-material producers amid concern slower growth in China will curb the global economic recovery.
Nikkei 225 13,221.44 -54.22 -0.41%
Hang Seng 21,763.94 -8.73 -0.04%
S&P/ASX 200 4,950.8 -17.11 -0.34%
Shanghai Composite 2,194.85 +12.90 +0.59%
Glencore International Plc, the world’s biggest publicly traded commodities supplier, dropped 2.5 percent in Hong Kong.
Daphne International Holdings Ltd. slumped 7.8 percent after the Chinese shoemaker reported first-quarter sales declined.
Softbank Corp. sank 6.8 percent after Dish Network Corp. topped the Japanese wireless carrier’s bid for control of Sprint Nextel Corp., the No. 3 mobile-phone company in the U.S.
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