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Thursday, March 10, 2011

Nervous Asian markets fall further


HONG KONG: Asian stock markets slipped further on Friday after sharp falls on Wall Street and higherthan-
expected Chinese inflation data, even as oil prices eased back.
Tokyo's Nikkei was down 0.83 percent, Sydney plunged 1.44 percent, Hong Kong was 0.94 percent lower
and the Shanghai Composite Index was off by 0.22 percent.
The falls came after steep losses on Thursday, when Shanghai lost 1.50 percent, and on Wall Street, where
the Dow, Nasdaq and S&P 500 indexes all ended down more than 1.8 percent.