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Monday, October 05, 2009

Asian stocks open mixed


Asian stocks opened mixed on Monday. The declines were led by technology and mining companies, after economist Nouriel Roubini said share prices may drop and a report showed the US lost more jobs than estimated.

Samsung dropped almost 3%. Mitsubishi Corp lost almost 2% after oil and metal prices decreased.

Japanese benchmark index Nikkei 225 rose 4.76 points, or 0.05%, to trade at 9,736.63.

Hong Kong`s Hang Seng index increased 46.26 points, or 0.23%, to trade at 20,421.75.

Taiwan`s Taiex index gained 0.99 points, or 0.01%, to trade at 7,412.87.

South Korea`s Kospi index fell 24.09 points, or 1.46% to trade at 1,620.54.

Singapore`s Straits Times sank 6.62 points, or 0.25%, to trade at 2,597.91. (8.08 a.m., IST)

China`s Shanghai Composite is not trading today.