Nikkei: 9,449.46 (+6.51) Hang Seng: 22,661.63 (–207.04) Shanghai Comp: 2,750.29 (+5.99)ASIAN STOCKS dipped to a two-week low yesterday after comments from the Federal Reserve chairman, Ben Bernanke, heightened the uncertain outlook for the global economy.
Hong Kong fell for a fifth successive session.
Clothing group Esprit, which makes most of its sales outside Asia, shed 1.3 per cent to HK$27.75.
Jiangxi Copper lost 1 per cent to HK$25.95 as prices for the metal fell sharply.
Property stocks performed strongly, with China Vanke rising 3.7 per cent to Rmb8.10 and Poly Real Estate climbing 3.6 per cent to Rmb9.54.
Nintendo sank 5.7 per cent to a five-year low of ¥16,930, with analysts saying the latest version of its Wii video game console had failed to impress.
Tokyo Electric Power tumbled 7.4 per cent to ¥200 after a report that all 54 of the country’s atomic reactors may be idled.
Chubu Electric Power lost 2.1 per cent to ¥1,128.
Mizuho Financial and Mitsubishi UFJ Financial both edged up 0.8 per cent to ¥122 and ¥363, respectively. – (Copyright The Financial Times Limited 2011)
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