Clumsy trend observed in Asian stock markets

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Clumsy trend observed in Asian stock markets

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18 January,2010 12:56 pm

Bearish trend witnessed in Asian stock markets today as US consumers suffer a loss of reliance. The SMCI Asia Pacific Index was down 0.4 percent at 126 points. Japans Nikkei lost 1.3 per cent whereas Korean won dropped 0.3 percent. Analysts said the possibility of profit taking exists in the market whereas the investors are conscious due to loss in statistics.