Stocks

Asian markets remain flat

Agencies Mumbai | Updated on February 24, 2011 Published on February 23, 2011

Asian stocks were flat to slightly lower on Wednesday due to overnight weakness in the Wall Street, and as oil hovered near 2-1/2 year highs since the revolt against Libya's Muammar Gaddafi reduced the crude output in Africa's third-largest producer.

Japan’s Nikkei 225 fell 20.9 points or 0.2 per cent to 10,643.80. Hong Kong’s Hang Seng was down 4.25 points or 0.02 per cent at 22,986.56. Singapore’s Straits Times declined 14.51 points or 0.48 per cent to 3,004.61. South Korea’s Kospi was up 2.37 points or 0.12 per cent at 1,972.29.

Australia’s S&P/Asx 200 was down 5.1 points or 0.11 per cent at 4,851.60. China’s Shanghai Composite was up 7.2 points or 0.25 per cent at 2,862.72. Taiwan’s Taiex fell 63.34 points or 0.73 per cent to 8,610.33.

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Published on February 23, 2011
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