Asian stock market affected by the fiscal crisis in Italy; Nikkei, at least 2 months

At the close of operations Asia, equity markets Negotiations were concluded Tuesday in negative territory, as investor confidence collapsed due to growing concerns over Italy 's fiscal plan and China' s weak stocks.

The shares were under pressure throughout the day and extended their losses in the afternoon, after the fall of European and US stocks overnight. dispute between Italy and the European Union for the Italian budget submitted for 2019.

The Italian government seems categorical about its deficit target of 2.4% by 2019, a figure that will increase the public debt.

Other factors are also British talks stalled on Brexit and escalating tensions between the United States and Saudi Arabia following the death of the president. Saudi journalist Jamal Khashoggi.

Market movements were also affected by the fall of the Shanghai S.Composite due to investors' aversion to the risk of a possible slowdown in the Chinese economy.

The Tokyo Stock Exchange reached its lowest level in two months with its Nikkei index of 225 stocks, the main indicator of the Tokyo Stock Exchange, which stood at 22,000 units 10.78, a decrease of 2, 67%.

Meanwhile, the first section of the price index (Topix) lost 44.59 points and was established at 650.72 units, while the second section subtracted 115.52 points and has was placed at seven thousand 150.20 units.

China's leading indicators closed on losses, with the Shanghai Composite Index falling 2.26% to 2,594.82 units, while the Shenzhen Component lost 2.24%. to settle at 7,574.99 full.

The Hong Kong Stock Exchange lost 3.08%, or 25,000 346.55 units at the close of the Hang Seng Index.

While Singapore's Straits Times yielded 1.52 percent to 3,000,031.39 units in Seoul, the Kospi index fell 2.57 percent to 2,106.10 units.

With information from Reuters and Notimex.