Asian markets close day in red, EU stocks drop
Asian markets, excluding Indian Sensex, close day with losses, major European indices in negative territory
Among inflationary concerns and global semiconductor shortage, Asian stock exchange markets closed Tuesday with losses and all European major markets were in negative territory.
The Asia Dow, which includes blue-chip companies in the region, lost 33.33 points, or 0.86%, to close at nearly 3,858 points.
Tokyo's Nikkei 225 stock exchange also decreased 267.6 points, or 0.94%, to 28,230. The Hang Seng, the benchmark for blue-chip stocks trading on the Hong Kong stock exchange, saw a decrease of 362.5 points, or 1.43%, to 24,962.
China's Shanghai stock exchange was down by 44.77 points or 1.25% to reach almost 3,547 points and the Singapore index dropped by 0.09 points, or 2.8%, to reach 3,110.
Only the Indian Sensex benchmark saw an increase of 112.7 points, or 0.19%, to reach 60,248 points.
On the European side, all major indices posted negative figures during the second transaction day of the week.
The STOXX Europe 600, which includes around 90% of the market capitalization of the European market in 17 countries, was down by 1.27 points, or 0.28%, to 456.3 as of 1028GMT.
London's FTSE 100 decreased 42.7 points, or 0.6%, to 7,104, and Germany's DAX index reached 15,129 points, down by 69.7 points or 0.46%.
The French CAC 40 lost 35.5 points, or 0.54%, to 6,535 points, while Italy's FTSE MIB posted a drop of 77.1 points, or 0.3%, to 25,853 points.
Spain's IBEX 35 also dropped 13.6 points, or 0.15%, to 8,885 points.