Majority agree that Japan crisis will weigh down stocks in Asia?

Concerns over the impact of the Japanese crisis on the global economy had dragged down Asian stock markets.

Though they have since partially recovered, cheered by news that Japan has managed to control the radiation leaks at its damaged nuclear plant, a majority of our respondents felt business in Japan was still not out of the woods and the markets would continue to refl ect this.

Negative sentiment following the quake-cum-tsunami, rather than justifi ed fears are keeping Asian markets down, claim analysts. Global investors feel this is the right time to buy Asian stocks as the markets are bound to correct sooner or later.