Asian stocks mostly lower on higher oil prices

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Source: Marketwatch
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%. 
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Mon, 27 Feb 2012 16:35:35 GMT

Hang Seng declines on crude

Hong Kong's Hang Seng index fell on Monday, ahead of German vote on Greek rescue package amid increasing concerns about the effect of high crude prices on the global economic expansion. Hang Seng index fell 0.88% or 189.00 points and finished at 21,217.86. Cathay Pac Air and Esprit Holdings posted the biggest losses, declining 4.4% and 3% respectively. On the

Mon, 27 Feb 2012 15:24:29 GMT

Dow Jones Industrial Average loses ground on Monday

Dow Jones Industrial Average index closed almost unchanged on Friday with sector returns making relatively tiny movements. Blue chip index slipped 0.01% or 1.74 points to 12,982.95. The main gainer was American Express which added 1.3% though the company reported FDIC is going to take measures to fight late fees on some charge cards. Hewlett Packard prolonged its downward momentum

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