Asian shares fall
Sunday, 8 March 2009
HONG KONG, Mar 7 (AFP): Asian shares tumbled Friday as hopes faded for fresh Chinese stimulus measures and investors braced for a key US unemployment report expected to show further massive job losses.
TOKYO: Down 3.50 per cent. The Nikkei-225 dropped 260.39 points to end at 7,173.10, just above a 26-year closing low of 7,162.90 in October.
HONG KONG: Down 2.40 per cent. The Hang Seng Index fell 289.72 points to 11,921.52, led lower by banks and Wall Street.
SHANGHAI: Down 1.26 per cent. The Shanghai Composite Index slipped 28.07 points to 2,193.01.
TAIPEI: Up 0.35 per cent. The weighted index rose 16.43 points to 4,653.63.
SEOUL: Down 0.30 per cent. The KOSPI index slipped 3.15 points to 1,055.03.
SINGAPORE: Down 0.36 per cent. The main Straits Times Index dropped 5.52 points to 1,513.12.
KUALA LUMPUR: Down 1.30 per cent. The Kuala Lumpur Composite Index lost 11.02 points to 858.22 following declines on Wall Street and a record drop in the country's exports.
TOKYO: Down 3.50 per cent. The Nikkei-225 dropped 260.39 points to end at 7,173.10, just above a 26-year closing low of 7,162.90 in October.
HONG KONG: Down 2.40 per cent. The Hang Seng Index fell 289.72 points to 11,921.52, led lower by banks and Wall Street.
SHANGHAI: Down 1.26 per cent. The Shanghai Composite Index slipped 28.07 points to 2,193.01.
TAIPEI: Up 0.35 per cent. The weighted index rose 16.43 points to 4,653.63.
SEOUL: Down 0.30 per cent. The KOSPI index slipped 3.15 points to 1,055.03.
SINGAPORE: Down 0.36 per cent. The main Straits Times Index dropped 5.52 points to 1,513.12.
KUALA LUMPUR: Down 1.30 per cent. The Kuala Lumpur Composite Index lost 11.02 points to 858.22 following declines on Wall Street and a record drop in the country's exports.