Nikkei breaks longest winning streak in 21yrs

Asian markets are mixed today.

The Nikkei has declined 18 points to 10,070, breaking its longest winning streak witnessed in 21 years. The Nikkei is down after nine days of gains.  The Hang Seng too decreased 141 points to 20,392.

The Shanghai Composite is marginally down to 3,430  and the Seoul Composite is flat at 1,523.

The Taiwan Weighted and the Straits Times, however have advanced 99 points and 29 points to 7,127 and 2,606, respectively.
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(Updated 0822 hrs)

Asian markets are in the red this morning.

The Nikkei dropped 26 points to 10,063 on investor's concern about the pace of the rally in Asian markets. Banking shares gained, refelecing US markets. The Hang Seng declined 122 points to 20,130.

The Shanghai Composite has edged up 33 points (1%) to 3,402. The Straits Times and the Seoul Composite are flat at 2,576 and 1,521, respectively.

However, the Taiwan Weighted has added 74 points (1%) to 7,102.