Tokyo’s Nikkei 225 posts largest 1-day drop in 3 months on Tuesday following Monday holiday
Tuba Şahin | 21.09.2021
Major stock markets in Asia closed mixed on Tuesday amid investor fears around China’s property giant Evergrande Group, while Chinese markets were closed for a national holiday.
Evergrande Real Estate Group, which has $300 billion in liabilities, is in danger of being unable to issue payments on loan interest due Monday, which may cause millions of its customers to lose their deposits.
Asia Dow, which includes blue-chip companies in the region, slipped 22.2 points, or 0.56%, to 3,918 at 1015 GMT. It was down 0.96% last week.
Falling by 2.17% or 660.3 points to 29,839.7,Tokyo’s Nikkei 225 stock exchange posted its largest one-day decrease in three months on Tuesday following the Monday holiday.
The Hang Seng, the benchmark for blue-chip stocks trading on the Hong Kong stock exchange, climbed 122.4 points, or 0.51%, to 24,221.
Singapore index climbed by 21.5 points, or 0.71%, to 3,063, and the Indian Sensex benchmark gained 566.8, or 0.97%, rising to 59,058.