Asian Equities Lower over Iraq Anxiety

Most Asian stock markets fell on Tuesday as the deepening conflict in Iraq and a gas dispute between Ukraine and Russia sapped investors’ appetite for riskier assets.

MSCI’s broadest index of Asia-Pacific shares outside Japan shed 0.3 percent. Japan’s Nikkei bucked the trend with rise of a 0.3 percent, though it was still down on the week so far.

European shares were expected to rise, buoyed by merger activity, with Germany’s DAX and France’s CAC 40 seen gaining up to 0.3 percent, after Wall Street shares eked out small gains.

Reuters

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