Asian markets remain weak

| Updated on: Mar 07, 2011

Most Asian stocks fell on Monday as concerns about West Asia weighed on equities. A counter-offensive by Muammar Gaddafi against rebels in Libya deepened concerns that a civil war is brewing in the country.

Japan’s Nikkei 225 fell 141.73 points or 1.33 per cent to 10,551.93. Hong Kong’s Hang Seng was down 67.85 points or 0.29 per cent at 23,341.01. Singapore’s Straits Times was up 7.79 points or 0.25 per cent at 3,069.10.

South Korea’s Kospi shed 18.11 points or 0.9 per cent to 1,986.57. Australia’s S&P/Asx 200 declined 69.3 points or 1.42 per cent to 4,795. China’s Shanghai Composite was up 32.1 points or 1.09 per cent at 2,974.41. Taiwan’s Taiex fell 39.44 points or 0.45 per cent to 8,744.96.

Published on March 07, 2011

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