Other regional markets:
KUALA LUMPUR: Down 1.1 percent. The Kuala Lumpur Composite Index lost 9.88 points to 889.71.
BANGKOK: Down 1.57 percent. The Stock Exchange of Thailand composite index fell 6.95 points to 434.67 points. “The [market] sentiment was down as investors lost confidence in the global economy and solutions to the financial crisis in the US,” said Pichai Lertsupongkit, senior vice president at Thanachart Securities.
JAKARTA: Down 2 percent. The Jakarta Composite Index lost 26.75 points to 1,296.94.
MANILA: Down 1 percent. The composite index shed 18.36 points to 1,881.44. “Investors are selling because of the fear of what will happen in the US,” said April Lee-Tan, research head at CitisecOnline.com.
MUMBAI: Down 2.21 percent. The benchmark 30-share SENSEX index fell 199.42 points to 8,843.21 as foreign funds sold index heavyweights on the back of weak US index futures trends.
WELLINGTON: Down 1.54 percent. The benchmark NZX-50 index dropped 40.25 points to 2,576.68.