Asian markets declined on Friday (Dec. 28, 2007) after the US government report fueled concerns that the growth is undergoing a slowdown.
Toyota Motor Corp led to the declines among exporters after US durable goods orders were below estimates.
Mitsubishi UFJ Financial Group led to the declines among lenders.
Hong Kong`s index Hang Seng lost 440.80 points, or 1.58% at 27,402.13.
China`s Shanghai Composite declined 3.21 points, or 0.06%, to trade at 5,305.68.
South Korea`s KOSPI declined 11.30 points, or 0.59%, to trade at 1,897.32.
Singapore`s Straits Times fell 21.20 points, or 0.61%, to trade at 3,456.00. (8.25 a.m IST)
Friday, December 28, 2007
Asian markets decline
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