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Major Asian markets tumble
August, 12th 2009

Asian markets ended in the negative zone today.

Nikkei slipped 150 points from its 10-month closing high to 10,435 today, on caution ahead of Federal Reserve's economic policy review.

The Hang Seng declined posting its biggest single-day loss of 639 points to close at 20,435, after, as sharp sell-off happened after recent rally and also due to negative US markets. The index came dropped from its 12-month closing high.

The Shanghai Copmposite declined 152 points to 3,112, on liquidity worries.

The Straits Times shed 29 points to 2,567.

The Taiwan Weighted and the Seoul Composite were down 10 points and 14 points to 6,899 and 1,565, respectively.

 
 
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