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Asian Benchmarks Finish Deeply In The Red |
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11:50 AM EST February 08 2006 |
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Asian-Pacific benchmarks finished deeply in the red with investors cautious amid disappointing Japanese earnings and weakness on Wall Street. The Nikkei tumbled 2.68% with Morgan Stanley cut its outlook on Japan after recent equities gains. South Korea’s Kospi dropped 1.6%, Taiwan’s Weighted index slipped 1.4%, and Hong Kong’s Hang Seng fell 0.9%. The sole gainer among regional markets was Shanghai Composite, up 025%.
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