Small BusinessAsian markets end in red, Nikkei bucks trend
Asian markets ended in the red today. The Hang Seng dropped 228 points (1%) to 20,948. The Nikkei, however, added 41 points to 10,183.
- India"s growing economy to fuel oil demand: Opec - Asian markets have a weak day - Rupee down 5 paise at 46.93/$ - National Australia Bank to buy Axa Asia, trumping AMP - No impact on Axa"s Indian ops - Out in the bush
The Straits Times and the Seoul Composite dipped marginally to 2,793 and 1,644, respectively.
Taiwan Weighted advanced 34 points ti 7,787. The Shanghai Composite was up nine points at 2,123.
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(Updated at 1131 hrs)
The signals from the Asian bourses in mid-day trades are mixed.
The Hang Seng is quoting at 21,040, weaker by 135 points, while the Nikkei is higher by 47 points at 10,189.
Taiwan Weighted is at 7,787, up 33 points.
On the other hand, Straits Times is at 2,796, lower by 9 points, Seoul Composite is at 1642, down 4 points, and Shanghai Composite is weaker by 9 points at 3,104.
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(Updated at 0811am)
The Asian markets have opened mixed.
The Hang Seng is quoting at 21,091, weaker by 84 points or 0.4%, and the Nikkei is placed at 10,205, higher by 63 points or 0.6%.
Taiwan Weighted is at 7,792, up 39 points or 0.5%.
Shanghai Composite is flat at 3,113, Straits Times is unchanged at 2,802 and Seoul Composite is flat at 1,645.