Most Asian markets ended lower Thursday as fears of recessionary winds hitting Europe continued to weigh after data indicated weak business activity in the region; although Japanese exporters extended their rally on the back of a softer yen, and property stocks in China led the index higher.
At market close, the Nikkei was up 0.4%. The Shanghai Composite was also up 0.2% while the Hang Seng gave up 0.8%. The Sensex fell 0.5% while the S&P/ASX All Ordinaries was down 0.1%.
Eurozone Purchasing Managers Index showed slight contraction in private-sector activity, falling to 49.7 in February from 50.4 in January. (morningstar.com)
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