Mon, 27 Feb 2012 15:01:42 GMT
Asian stocks mostly lower on higher oil prices
Asian equities traded mostly down on Monday trade as investors were concerned regarding rapidly growing oil prices. Hong Kong's Hang Seng Index and Australia's S&P/ASX 200 Index both dropped
0.9% while South Korea's Kospi index tumbled 1.4%. Japan's Nikkei Stock Average slipped 0.1% whereas China's Shanghai Composite was the only major stock index that ended on the positive side, advancing 0.3%.