Sun, Feb 24, 2008 - Page 10 News List

Credit-market losses, oil weigh Asia down

FALLOUT The MSCI Asia Pacific Index widened its loss for this year to 9 percent this week, with one banker warning of an impending `bloodbath' in debt markets

BLOOMBERG

KUALA LUMPUR

Malaysian share prices closed down 1.8 percent, dealers said. The Kuala Lumpur Composite Index closed down 25.28 points to 1,369.48.

SINGAPORE

Singapore share prices closed 0.20 percent lower, dealers said.

The Straits Times index dipped 6.17 points at 3,048.64.

BANGKOK

Thai share prices closed flat, dealers said. The Stock Exchange of Thailand (SET) composite index fell 0.27 points, or 0.03 percent, to 826.86 and the blue-chip SET-50 fell 1.06 points to 597.73.

MANILA

Philippine share prices closed 3.0 percent lower, dealers said. The composite index dropped 95.82 points to 3,080.24. The broader all-share index fell 46.46 points to 1,898.05.

MUMBAI

Indian share prices fell 2.17 percent, dealers said.

The 30-share Mumbai SENSEX index fell 385.71 points to 17,349.07.

"The markets fell on weak global news. The markets will await federal budget policies later next week," a dealer with brokerage Prabhudas Lilladher said.

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