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Asian stocks fell for a second day after valuations on the regional benchmark index reached the highest level since May and as Samsung Electronics Co. fell and WorleyParsons Ltd. cut its profit forecast.
Nikkei 225 15,076.08 -50.48 -0.33%
S&P/ASX 200 5,307.67 -45.24 -0.85%
Shanghai Composite 2,206.61 +13.49 +0.62%
Samsung fell 1.3 percent as investors awaited a U.S. court decision on how much the South Korean handset maker should pay Apple Inc. for patent infringement.
WorleyParsons Ltd. slumped a record 26 percent as Australia’s largest oil and gas engineering company cut its profit estimate.
Micronics Japan Co. surged 21 percent in Tokyo after the electronics-component maker raised its full-year earnings forecast.
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