News of the investigation against Goldman Sachs, who is suspected of large-scale fraud mortgage securities caused a wave of sales of U.S. and European markets on Friday, which spilled over in Asia today. The Best Mortgages dropped the good results of Asian indexes. The reduced risk appetite of investors not only lower stock prices, but those of raw materials, while the rate rose strongly in the dollar against all major currencies. Analysts said the charges against the investment bank Goldman Sachs will severely undermine the already fragile confidence in financial markets and could lead many investors to leave them. The strong decrease of the Asian indexes today also contribute to the news that the Chinese government continues to restrict investment in real estate. Regional stock measure MSCI Asia Pacific, which oversees securities markets in ten Asian countries plus Australia and New Zealand sank by as much as 2.1 percent to 125.62 points. Today’s decline was its strongest over the past two months. On Friday, Asian markets retreated sharply from its 20-month peak for sales in the residential construction sector and the stock exchanges in Shanghai and Hong Kong.
The most painful fall from 4.4 percent today to 1 175.3 points bear the broad index Chinese Shanghai Composite. Reason for this given the news that the Beijing government has ordered banks to stop the country to grant mortgage loans to purchase a third property. The main stock index in Hong Kong Hang Seng in turn, lost 2.1 percent to 21 405 points for sales in the financial sector. Oil prices fell below 82 dollars at today’s e-commerce in Asia, compared with 86 dollars early last week. Shares of Goldman Sachs is payments with goals 13% by the end of Friday’s session of the New York Stock Exchange. Financial companies were the losers in today’s session in the Asian and Pacific region together with those from the extractive sector. The index of the largest companies traded on the Tokyo Stock Exchange with the Nikkei 225 retreated 1.7 percent to 10 908.77 points, while in Taiwan Taiex lost 3.2 percent to 7 854.22 points. Australia’s S & P / ASX 200 fell 1.4 percent to 4 915.10 points, while New Zealand NZX 50 fell 0.9 percent to 3 282.20 points. The Stock Exchange of Thailand SET main index continued to fall rapidly and decreased by 1.7 per cent after anti-government demonstrators called for the organization of new mass protests in the capital Bangkok tomorrow. Clashes between police and demonstrators in early April led foreign investors to withdraw, and Thailand sell shares for 200 million dollars.