Asian stocks in the red after Credit Suisse, futures down

(ANSA) - MILAN, MARCH 20 - Asian stock exchanges are sitting in red following the agreement for the acquisition of Credit Suisse by UBS.

Tokyo lost 1.54%, Sydney 1.38 and Seoul 0.69%.

Heavy Hong Kong, which drops 3.2%, while Shenzhen and Shanghai contain the declines at 0.4%.

Futures on Europe and the United States were down, with that on the Euro Stoxx 50 dropping 1.1% and those on the Dow Jones and Nasdaq down by 0.8% and 0.4%.

After an initial positive assessment of the bailout and the injection of liquidity by central banks, which had pushed futures on the Euro Stoxx up by 1.4%, caution prevails among investors due to the turbulence that is affecting the markets.

(HANDLE).