Asian Stocks Lower

Posted August 2nd, 2011 at 4:35 am (UTC-5)
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Asian stock markets closed lower Tuesday.

Tokyo's Nikkei index dropped nearly one and one-quarter percent to finish at 9,845.

Hong Kong's Hang Seng index fell one percent to finish the day's trading at 22,437.

Share prices were also lower in Manila, Shanghai, Sydney, Taipei and Wellington.

In currency trading, the dollar was selling at 77.37 yen, a gain of nearly two-tenths of a yen from Monday.