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Asian Markets Close Deeply Down On Heavy Sell-Off |
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8:47 AM EST January 18 2006 |
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Asian-Pacific benchmarks closed Wednesday deeply in the red, hurt by heavy selling pressure. The Nikkei ended down for a second straight session, dropping 2.94% to 15,314.18. Tokyo Stock Exchange finished 20 min earlier as the number of orders and executions has increased so sharply that threatened to exceed the systems’ 4 million-order capacity. South Korea’s Kospi tumbled 2.64%, Taiwan’s Weighted index slid 3.16%.
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