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| Asian markets end in red on US economy worries |
| BS Reporter / Mumbai May 21, 2009, 14:27 IST |
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The Hang Seng dropped 276 points (1.5%) to 17,199. The Nikkei slipped 80 points to 9,264.
The Shanghai Composite was down 40 points (1.5%) at 2,611.
The Straits Times declined 42 points (2%) to 2,227 and the Seoul Composite ended down marginally at 1,421.
Taiwan Weighted Index on the other hand only settled higher .
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Updated at 1115 Hrs:
The Asian markets continue to reel under selling pressure on concerns of slowing US eocnomy following the Federal Reserve comments.
The Hang Seng has dropped 159 points to 17,316. The Nikkei has slipped 115 points to 9,229.
The Shanghai Composite is down 33 points at 2,617.
The Straits Times has fallen 22 points to 2,247 and the Seoul Composite has declined over 19 points to 1,417.
The Taiwan Weighted has now turned red and is at 6,702.
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Updated at 0816 Hrs:
The Asian markets today opened on a negative note.
The Hang Seng has shed 124 points to 17,352.
The Nikkei has slipped 109 points to 9,235. The stock average lost around 1.5 % on Thursday, with Honda Motor Co and other exporters down as the yen advanced to a two month high .
The Shanghai Composite has dropped three points to 2,648.
The Straits Times and the Seoul Composite are down 0.5% each at 2,257 and 1,428, respectively.
However, Taiwan Weighted Index is up 42 points at 6,746.
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