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Monday, June 22, 2009

Asian stocks open negative


Asian stocks fell. Mitsubishi Corp., a trading company that gets more than half its profit from commodities, sank more than 2% in Tokyo.

Japanese benchmark index Nikkei fell 19.59 points, or 0.20%, to trade at 9,766.67.

Hong Kong`s Hang Seng index declined 14.54 points, or 0.08%, to trade at 17,906.39.

China`s Shanghai Composite increased 14.40 points, or 0.50% to trade at 2,894.89.

Taiwan`s Taiex index lost 6.03 points, or 0.10%, to trade at 6,225.12.

South Korea`s Kospi index sank 1.86 points, or 0.13%, to trade at 1,381.48.

Singapore`s Straits Times rose 0.41 points, or 0.02%, to trade at 2,273.59. (7.48 a.m., IST)