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Asian markets closed mixed while European markets start their day in red

February 5th, 2008

With the US markets closing their Monday morning in red, the Asian markets closed mixed on Tuesday. Fears of the Consumer and services sector, credit woes of the Banks are the prime reasons for the worrisome trades on the stock markets.

All Ordinaries, Shanghai Composite, Hang Seng closed in the red. The other Asian markets closed either marginally in the green or in the red amidst volatile trades.

Meanwhile the European markets are taking a rather rough Tuesday. BEL 20, CAC 50, MIBTel, Stockholm General, Swiss Markets have are down over 1% while Madrid General is down by over 2.2%. FTSE 100 is down by over 69 points while the FTSE 250 is down by 144 points. The FTSE ALL index is down 35 points.

Entry Filed under: Global Markets