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Falling Commodity Prices Weigh on Asia Resources Stocks

Posted on 24 May 2016

Declining commodity prices weighed on Asia’s resource stocks Monday, while the Japanese share market slipped amid a lack of major consensus from the Group of Seven meetings between finance ministers and central bankers.
Energy stocks led losses in much of the region, after crude oil prices fell Friday in the U.S. and continued to slip during Asian trading hours Monday. Tokyo-listed Inpex Corp. finished down 2.2% while Australia’s energy sector was down 2%. Brent crude prices were last down 0.9% at $48.28 a barrel………………………………………..Full Article: Source


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