Sentiments in the Asian market remained subdued on first day of the new week over flagging global growth prospects. Intensifying concerns over the European region’s onerous debt crisis continued to undermine investor conviction. Market participants went on to overlook positive cues from over the weekend US markets. Barring the South Korean benchmark which plunged around one and half a percent, most indices most are trading with about half a percent cuts. The MSCI Asia pacific index lost 0.5 per cent.
The Shanghai Composite was down to 12.65 point or 0.56 per cent to 2248.38. Jakarta Composite plunged to 1.57 point or 0.07 per cent to 3886.65. Nikkei 225 slipped to 31.12 points or 0.35 per cent to 8767.10. Strait Times was down to 4.34 point or 0.15 per cent 2282.78. Kospi shed to 24.09 point or 1.33 per cent to 1822.67. While Taiwan Weighted was too down to 36.60 point or 0.51 per cent to 7182.73.
On the other hand Hang Seng index was up by 64.98 point or 0.34 per cent to 19060.11. KLSA Composite rose 2.63 point or 0.16 per cent.
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