Beijing - Shares in China's main stock market index fell nearly 5 per cent Wednesday after a 3-per-cent drop Tuesday with analysts blaming profit taking and investor uncertainty.
The key Shanghai Composite Index, which tracks shares traded in local and foreign currencies, lost 4.72 per cent of its value, or
109.58 points, to close at 2,209.86.
The smaller Shenzhen Composite Index also plunged 4.06 per cent to close at 707.03.
After opening below 9,000 mark, the Sensex moved upward and hit a high of 9,100.36 to again fall into the negative zone due to lack of support at higher levels.
After trading few minutes in the negative terrain, the index moved up to trade on a flat note. Selling pressure has emerged in realty, banking and consumer durables stocks.
At 10:50 a.m., the 30-share index Sensex was trading at 9,046.23, up 11.23 points (0.12%). In the broader markets, the Nifty has gained 5.85 points (0.21%) at 2,776.35.
Tokyo - Japan's benchmark Nikkei 225 Stock Average ended at a four-month low Wednesday on worries over prolonged recession after Wall Street fell overnight and Finance Minister Shoichi Nakagawa resigned in disgrace.
The Nikkei index closed at 7,534.44, down 111.07 points, or 1.45 per cent, and the broader Topix index of all first section issues was also down 7.27 points, or 0.96 per cent, at 749.26.
Tokyo - Tokyo stocks ended morning trading lower Wednesday on worries over prolonged recession after Wall Street fell overnight and following a scandal involving Japanese Finance Minister Shoichi Nakagawa.
The benchmark Nikkei 225 Stock Average dipped 90.86 points, or 1.19 per cent, to end morning trading at 7,554.65.
The broader Topix index of all first-section issues was down 6.59 points, or 0.87 per cent, at 749.94.
Beijing - Shares in China's main stock market index fell nearly 3 per cent Tuesday with analysts saying investors were taking profits after a recent spree of gains.
The key Shanghai Composite Index, which tracks shares traded in local and foreign currencies, lost 69.95 points, or 2.93 per cent, to end the day at 2,319.44 points.
The smaller Shenzhen Composite Index also fell 3.45 per cent, closing at 736.98.
The losses followed a jump of almost 3 per cent in Shanghai on Monday after several days of minor gains in both markets.
Taipei - Taiwan's stocks ended 2.17 per cent lower Tuesday, despite a government-initiated bailout move to save a financially troubled dynamic random access memory (DRAM) maker, dealers said.
The TAIEX stock index opened lower and extended its downward trend to close at 4,491.78, down 99.48 points or 2.17 per cent from Monday's trade.
Market dealers said investors were not optimistic about the prospect of DRAM companies even after a banking consortium agreed to lend 3 billion Taiwan dollars (87 million US dollars) to help improve the financial condition of struggling DRAM maker ProMOS.
Beijing - Shares in China's main stock market index fell nearly 5 per cent Wednesday after a 3-per-cent drop Tuesday with analysts blaming profit taking and investor uncertainty.
After opening below 9,000 mark, the Sensex moved upward and hit a high of 9,100.36 to again fall into the negative zone due to lack of support at higher levels.
Tokyo - Japan's benchmark Nikkei 225 Stock Average ended at a four-month low Wednesday on worries over prolonged recession after Wall Street fell overnight and Finance Minister Shoichi Nakagawa resigned in disgrace.
Tokyo - Tokyo stocks ended morning trading lower Wednesday on worries over prolonged recession after Wall Street fell overnight and following a scandal involving Japanese Finance Minister Shoichi Nakagawa.
Beijing - Shares in China's main stock market index fell nearly 3 per cent Tuesday with analysts saying investors were taking profits after a recent spree of gains.
Taipei - Taiwan's stocks ended 2.17 per cent lower Tuesday, despite a government-initiated bailout move to save a financially troubled dynamic random access memory (DRAM) maker, dealers said.
