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Asian Markets Finish Mixed |
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8:08 AM EST February 28 2006 |
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Asian-Pacific benchmarks closed mixed, reflecting lower oil prices, disappointing U.S. economic data, worries about further downgrades, and overcapacity in the tech sector. The Nikkei spent most of the session in the red, but eventually recovered on demand from overseas investors and new domestic investment funds to edge up 0.1%. Indian shares hit an all-time high of 0.9%. South Korea’s Kospi lost 0.2%, dragged by automotive and steel stocks. Hong Kong’s Hang Seng fell 0.2% on profit taking. |
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