Business Standard

Asian markets deep in red; Nikkei sheds 258pts

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BS Reporter Mumbai

Asian markets are deep in red this morning on the back of worries of stability of European banks.

The Hang Seng has slumped 428 points to 12,912. The Nikkei has plunged 258 points to 7,999.

The Taiwan Weighted index has tumbled 96 points to 4,271. The Straits Times has shed 42 points at 1,705, and the Seoul Composite index has dropped 30 points to 1,120.

The Shanghai Composite index is down 12 points at 1,975.

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First Published: Jan 20 2009 | 8:58 AM IST

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