YEREVAN, May 3./ARKA/. Key stock markets of Asia-Pacific Region (APR) opened at dropping Monday amid some weak macroeconomic statistics released in the USA on Thursday, according to the trades, Russia’s RIA Novosti reported.
Japanese Nikkei dropped 1.62% to 13551.36 points. South-Korean KOSPI tumbled 0.39% to 1993.23 points. Australian S&P/ASX 200 went down 0.41% to 4906.50 points. The U.S. Department of Labor reported the number of primary unemployment allowance applications had increases to 354,000 from May 25 10,000. The analysts expected 340,000 though.
The statistics released by the U.S. Department of Commerce was also disappointing: the real annual GDP growth stood at 2.4% in the first quarter. The experts didn’t anticipate a 2.5-percent growth to change.
The Nikkei 225, more commonly called the Nikkei, the Nikkei index, or the Nikkei Stock Average, is a stock market index for the Tokyo Stock Exchange (TSE).
The Korea Composite Stock Price Index or KOSPI is the index of all common stocks traded on the Stock Market Division—previously, Korea Stock Exchange—of the Korea Exchange. It’s the representative stock market index of South Korea, like the Dow Jones Industrial Average or S&P 500 in the U.S.
The S&P/ASX 200 index is a market-capitalization weighted and float-adjusted stock market index of Australian stocks listed on the Australian Securities Exchange from Standard & Poor’s.—0-
