Far East Stocks Mostly Negative Midday Monday

February 21st, 2011
in econ_news

Econintersect: Eight of the eleven major Asia/Pacific stock markets are down in Monday trading (February 21).  The biggest losses are in New Zealand (-0.9%) and Sydney (-0.7%).  Two of the three gains are barely above break even (Tokyo and Malaysia), while the only significant gain is Shanghai, if you want to call 0.3% a significant gain.

Follow up:

Five markets are down between 0.2% and 0.4%:  Hong Kong, Mumbai, Singapore and Seoul ar all down 0.4%.  Jakarta is off 0.2%.

This is not an auspicious start for the week.

Source:  Yahoo Finance

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