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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED

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To: RR who wrote (43044)10/8/2001 11:28:22 PM
From: Dealer  Read Replies (1) of 65232
 
Asia Markets

(Here is a new link for Japan's Nikkei index)

astrikos.com

Tokyo stocks fall in early trade

By Mariko Ando, CBS.MarketWatch.com
Last Update: 9:08 PM ET Oct 8, 2001

TOKYO (CBS.MW) -- Tokyo stocks opened lower Tuesday morning, with many investors keeping to the sidelines on lingering caution over the shaky global economic outlook following a second night of retaliatory air strikes on Afghanistan.

Shortly after the market opened, the Nikkei Average lost 82.73 points, or 0.8 percent, to 10,123.14.

The broader TOPIX dropped 1.3 percent to 1,056.73.

Tokyo's financial markets were closed Monday for a national holiday.

South Korea's benchmark Kospi rose 1.2 percent to 502.05, and Australia's All Ordinaries Index added 0.1 percent to 3,079.20 by early morning trade.

But New Zealand's NZ Top 40 shed 0.7 percent to 1,876.13 by the midmorning session.

The dollar was quoted at 119.84 yen early morning Tokyo, little moved from 119.82 yen in New York late Monday.
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