Asian stocks close in the red after Credit Suisse bailout

MADRID, 20 Mar.

Asian stocks close in the red after Credit Suisse bailout

MADRID, 20 Mar. (EUROPA PRESS) -

The main Asian stock indices have registered falls in the session on Monday, just hours after announcing the purchase of Credit Suisse by its rival UBS in exchange for 3,000 million Swiss francs (about 3,037 million euros).

In this way, the selective Nikkei of the Tokyo Stock Exchange has closed the session with a decline of 1.42%, with the titles of banks such as Sumitomo Mitsui Financial Group (-1.67%) and Mitsubishi UFJ Financial Group (-1 .84%) downward.

On its side, the selective Hong Kong Hang Seng managed to reduce its losses in the last section of the session below 3%, while the CSI 300 index, which replicates the behavior of the main values ​​​​of the Shenzen and Shanghai markets, was left 0.50%.

Likewise, the Sensex index of the Bombay Stock Exchange was also negative in the final part of the session, with an approximate fall of 1.44%, while the Singapore Stock Exchange lost 1.67%.

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