Stock exchanges of Asia-Pacific region have closed negatively. The companies’ reports have not met investors’ expectations, as informed by the «Market Leader».
Independent index of the region MSCI Asia Pacific has dropped by 1.1 percent, having amounted to 121.25 point. The index has lost 1.9 percent in one week, which has become the worst result since August 2012. Japanese index Nikkei 225 has lost 1.4 percent, Hong Kong Hang Seng – 1.2 percent, and Australian SP/ASX 200 – 0.8 percent.
Japanese index Nikkei 225 has failed to develop a rising five-wave structure, as prices have moved down from the strong level of resistance 9110 as soon as local highs were broken. Judging from this, irregular correction is expected to be formed, within which wave [c] will rise to the point of 8870.
