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Asia stocks edge lower
Tue, Nov 11, 2008
AFP

SHANGHAI
Chinese shares edged lower on Tuesday amid losses in other Asian markets and profit taking in local bourses after a 7.3 per cent surge in the previous session, dealers said.

The benchmark Shanghai Composite Index, which covers A and B shares, was down 16.19 points or 0.86 per cent to 1,858.61.

The Shanghai A-share index was down 17.04 points, or 0.87 per cent, to 1,952.40, while the Shenzhen A-share index shed 0.20 points, or 0.04 per cent, to 522.46.

HONG KONG
Hong Kong share prices opened 2.9 per cent lower on Tuesday, matching drops on other Asian markets after more bad economic and corporate news from the United States, dealers said.

The benchmark Hang Seng Index opened down 421.68 points at 14,322.95.

TOKYO
Japan's Nikkei stock index dropped 3.30 per cent by the end of morning trade on Tuesday after US shares lost ground overnight on worries about weak corporate earnings.

The benchmark dropped 299.98 points to 8,781.45 by the lunch break, after the Dow Jones slipped 0.82 per cent on Monday and the yen strengthened.

 

 

 
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