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Market Update : 
Stocks in HK, Shanghai Decline
Author: Darlington Musarurwa
123jump.com
Last Update: 10:46 AM ET June 16 2009

(Continued)

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Stocks in China region declined on the global worries and tired rally. China lowers its holdings of U.S. Treasury bonds and also committed to lend $10 billion to members of Shanghai Cooperation Organization. Commodities linked stocks traded lower.

 
Asian Markets Review

The Nikkei 225 Index in Tokyo closed lower 286.79 or 2.86% to 9,752.88, Hang Seng index in Hong Kong decreased 333.46 or 1.80% to 18,165.50, CSI 300 index in China declined 4.97 or 0.17% to 2,961.22. ASX 200 index in Australia decreased 69.20 or 1.72% to 3,962.50. The KL Composite index in Malaysia closed lower 17.05 or 1.56% to 1,074.12.

The Kospi Index in South Korea decreased 13.27 or 0.94% to close at 1,399.15. SET index in Thailand closed lower 15.38 or 2.51% to 596.54 and JSE Index in Indonesia decreased 39.51 or 1.91% to 2,030.37. The Sensex index in India increased 82.39 or 0.55% to 14,957.91.


$55.63
 0.36%
$27.33
 0.44%
$133.35
 1.65%
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