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Asian Markets Close Broadly Down |
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7:33 AM ET October 03 2005 |
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Asian-Pacific benchmarks finished broadly in the red on economic data release in Japan. The Nikkei declined 0.4% on lower-than-anticipated tankan survey, which shows the index of business confidence among Japanese companies. Although the report prompted buying of steel and other overvalued shares, Nippon Steel fell 1.6%, but exporter issues like Honda Motor and Toyota Motor gained on the back of a sixteen-month high dollar, buying 114.00 yen. Across the region, markets in Hong Kong, South Korea, and Australia ended down. |
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