Oil prices fell, Asian stocks down

Oil prices fell, Asian stocks down

The decline in the Nikkei index was the lowest during the last 10 months.

Asian stocks fell sharply in trading on Tuesday (06/01) following the fall of oil prices and the uncertainty of whether Greece will remain in the euro zone currency users.

The largest decrease occurred in Tokyo. The Nikkei was down 3% at 16883.19 points which is the worst decline since March.

The Hang Seng index in Hong Kong fell 1%.

Shanghai Stock Exchange was down 1.27% in morning trading session but crawl 0.13% at mid-day at 3354.94.

In South Korea, the Kospi closed down 1.74%. Energy company stocks fell sharply on fears the world oil prices.

Stock indices of other countries in Asia also fell.

Crude oil prices touched a level below US $ 50 per barrel. In addition, there are fears Greece might leave the zone of countries using the euro currency.

Certainty is expected to be determined in the general election on 25 January. (BBC)