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Business Daily from THE HINDU group of publications Friday, October 2, 2009 ePaper | Mobile/PDA Version | Audio | Blogs |
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Update at 1010 hrs (IST)
Global News / Markets Asian markets fall sharply MUMBAI: Asian markets fell sharply on Thursday in line with the US market. The benchmark Nikkei average and the broader Topix both fell 2.6 per cent on Friday. Japan market turned weak on meagre September sales, mainly hurt by prolonged reduced consumer spending. The benchmark Hang Seng Index was down by 522 points or 2.50 per cent at 20,433.13. Taiwan stocks too fell 1.07 per cent on Friday, retreating from a 15-month high in the previous session, as overnight slides on Wall Street triggered selling in technology shares including TSMC The main Taiex shares index had fallen 80.39 points to 7,4 64.90, slipping from a 15-month intraday high of 7,599.62 shown on Thursday. Singapore Straites Times index has also lost 42.75 points in early trade at 2,614.69.
Prev: Rupee ends stronger at 47.74/75 Business Line | NUS Index | |
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