SINGAPORE
Share prices closed 0.68 percent lower after staging a dramatic rebound from steep declines sparked by credit crunch fears due to a crisis in the US subprime housing market.
The Straits Times Index fell 21.45 points to 3,130.71, clawing back after falling by as much as 6.03 percent to narrow down losses.
SYDNEY
Australian share prices closed down 0.7 percent as uncertainty over the crisis in US subprime home loans continued to worry the market.
The S&P/ASX 200 shed 40.5 points to 5,671.0.
MUMBAI
Indian share prices pared steep intraday losses to close down 1.51 percent but fears persisted about a widening impact of the US housing loan problem.
Dealers said the markets slid as much as 4.02 percent intraday to breach the 14,000-point level before retracing on bargain-hunting.
The 30-share SENSEX index closed down 216.69 at 14,141.52.
SEOUL
South Korean share prices closed 3.1 percent lower amid continuing jitters following Thursday's unprecedented crash and massive sell-off around the region.
The KOSPI index slumped 53.91 points to 1,638.07.
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