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Asian markets close lower

Alp. I long Kong
Stocks fell in Asia Wednesday, with Tokyo posting a sixth successive loss, after a dive on Wall Street and on fears that a global recovery is still a long way off.
TOKYO: Down 2.35 percent The Nikkei-225 dropped 227.0-1 points to $.420.75.
HONG KONG: Down 0.79 percent. The Hang Seng Index ended down 141.20 points at 17,721.07.
The index has fallen for six of the past seven sessions.
SYD NEY: Hat. The S&P/ASX200 edged uponepoint.or0.03percent.to3,767.9.
SHANGHAI Down 0.28 percent. The Shanghai Composite Index, which covers A and B shares, was down 8.68 points to 3,080.77.
China Merchants Bank fell 1.9 pertent to 18.28 yuan and Bank of China was down 2.0 percent at 4.52 yuan.
TAIPEI. Down 0.70 percent. The weighted index fell 47.08 points to
6,668.14.
Buying in electronics shares, which made up for 61 percent of the trade, kept the index off the intraday low of 6,629.83, said Taiwan International Securities trader Andrew Teng.
SEOUL: Down 0.22 percent. The KOSPI ended down 3.18 points at 1.431.02.
"The last-minute turnaround of technology and auto stocks amid ongoing earnings optimism helped the broad market trim most of its early losses," Oh Tae-Dong, an analyst at Taurus Investment and Securities, said.
SINGAPORE: Down 0.55 percent. The StraitsTimes Index fell 12.49 points to 2,259.77.
Traders said investors were reluctant to buy despite cheaper prices because of the absence of firm signs of an economic rebound.
KUALA LUMPUR: Hat. The Kuala Lumpur Composite Index lost 0.89 points, or 0.08 percent, to close at
1,065.47.
BANGKOK: Down 1.30 percent. The Stock Exchange of Thailand lost 7.61 points to close at 575.87.
MANILA: Down 0.39 percent. The composite index fell 9.77 points to 2,461.99.
"Pollowing the two-day recovery in the market, appetite is slowing even with the expectation of (an interest) rate cut," Ron Rodrigo of DBP-Daiwa Securities said.
WELLINGTON: Up 0.16 percent. The NZX-50 rose 4.36 points to 2.750.60.
Brokers said just as the market was closing a late order for Telecom shares saw 2.5 million shares traded.
Contact Energy fell two cents to 5.63 dollars and Air New Zealand rose two cents to 89 cents.
MUMBAI: Down 2.83 percent. The 30 share Sensex fell 401.3 points to 13,769.15, its lowest level in near six weeks.