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Asia-Pacific stocks struggled as the JPY.....>

STOCKS
STOCKS: Asia-Pacific stocks struggled as the JPY gained & political unrest in
Europe continued to weigh on risk appetite.
- The Nikkei 225 shed over 1.0%, with the electronics space weighing on reports
surrounding Apple's preferred display type for its new iPhone. It was only the
defensive consumer staples sector that traded higher on the day.
- The Hang Seng followed suit and lost 0.6% as the telecoms sector applied the
most weight. Once again consumer staples provided the only notable source of
respite. China's CSI 300 also shed 0.6%.
- The ASX 200 bucked the trend adding 0.2% as the financial sector led the weigh
higher, although the IT & telecoms sectors capped the gains.
- US index futures managed to post marginal gains.
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

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