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Asian markets end mostly lower

22 Aug 2012 Evaluate

Most of the Asian markets ended in the negative zone, on the back of wider-than-expected Japan’s trade deficit. Before making any string position, investors are waiting for developments from a euro-area finance ministers meeting this week to discuss details of the bailout package for Greece. Fall in Hang Seng market continued with weakness in resource stocks, Shanghai Composite fell with the property sector suffering the biggest percentage fall of the index’s five main industry groups.

Asian Indices

Last Trade

Change in Points

Change in %

Shanghai Composite

2,107.71

-10.56

-0.50

Hang Seng

19,887.78

-212.31

-1.06

Jakarta Composite

-

-

-

KLSE Composite

1,652.25

2.46

0.15

Nikkei 225

9,131.74

-25.18

-0.27

Straits Times

3,049.47

-16.30

-0.53

KOSPI Composite

1,935.19

-8.03

-0.41

Taiwan Weighted

7,496.58

-10.23

-0.14