Aug. 24 Asia-Pacific stocks news summary at 1100 GMT

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A man walks past an electronic board showing the stock index in Tokyo, Japan, Feb. 4, 2014. Tokyo stocks tumbled on Tuesday, with the Nikkei index ending 4.18 percent lower, hitting the lowest closing level since last October. The 225-issue Nikkei Stock Average dived 610.66 points, from Monday at 14,008.47, its lowest finish since Oct. 8. (Xinhua/Stringer)
A man walks past an electronic board showing the stock index in Tokyo, Japan, Feb. 4, 2014. Tokyo stocks tumbled on Tuesday, with the Nikkei index ending 4.18 percent lower, hitting the lowest closing level since last October. The 225-issue Nikkei Stock Average dived 610.66 points, from Monday at 14,008.47, its lowest finish since Oct. 8. (Xinhua/Stringer)

TOKYO — Tokyo shares ended sharply lower with its benchmark Nikkei stocks index plunged over 4 percent on Monday as sentiment here was hit by concerns over global economy and fast advanced yen.

A man walks past an electronic board showing the stock index in Tokyo, Japan, Feb. 4, 2014. Tokyo stocks tumbled on Tuesday, with the Nikkei index ending 4.18 percent lower, hitting the lowest closing level since last October. The 225-issue Nikkei Stock Average dived 610.66 points, from Monday at 14,008.47, its lowest finish since Oct. 8. (Xinhua/Stringer)
A man walks past an electronic board showing the stock index in Tokyo, Japan, Feb. 4, 2014. Tokyo stocks tumbled on Tuesday, with the Nikkei index ending 4.18 percent lower, hitting the lowest closing level since last October. The 225-issue Nikkei Stock Average dived 610.66 points, from Monday at 14,008.47, its lowest finish since Oct. 8. (Xinhua/Stringer)

The 225-issue Nikkei Stock Average tumbled 895.15 points, or 4. 61 percent, from Friday at 18,540.68, hitting the lowest closing level in about six months.
The turnover was about 4,107.5 billion yen (about 33.94 billion U.S. dollars).
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BEIJING — China stocks nosedived on Monday with the benchmark Shanghai Composite Index dropping 8.49 percent to close at 3209.91 points, the sharpest decline since Feb. 27, 2007. The smaller Shenzhen Component Index fell 7.83 percent to close at 10,970.29 points. The ChiNext Index, tracking China’s Nasdaq- style board of growth enterprises, lost 8.08 percent to end at 2, 152.61 points.
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HONG KONG — Hong Kong stocks dropped 1,158.05 points, or 5.17 percent, to close on Monday at 21,251.57 points.
The benchmark Hang Seng Index traded between 21,136.48 and 21, 679.45. Turnover totaled 138.97 billion HK dollars (17.93 billion U.S. dollars).
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SEOUL — Seoul shares ended lower on Monday.
The benchmark Korea Composite Stock Price Index (KOSPI) plunged 46.26 points, or 2.47 percent, to 1,829.81 at the close. Trading volume stood at 410.17 million shares worth 6.1 trillion won (5.1 billion U.S. dollars).
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SYDNEY — The Australian share market has closed four percent lower in its worst performance in more than six years, closing to a two-year low on Monday.
At the close on Monday, the benchmark S&P/ASX200 index was 213. 3 points, or 4.09 percent, lower at 5,001.3, while the broader All Ordinaries index was down 210.6 points, or 4.03 per cent, at 5,014. 2.
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VIENTIANE — The Lao stock market finished on Monday down 2.09 percent against the previous trading day.
The Lao Securities Exchange composite index decreased by 26.97 points to 1,260.76. A total of 30,706 shares worth about 175 million Lao kip (about 22,000 U.S. dollars) changed hands at the stock market.
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HONG KONG — Taiwan’s share prices closed lower Monday with the weighted index down 376.58 points, or 4.83 percent, to close at 7, 410.34, according to news reaching here from Taipei.
Turnover totaled 144.89 billion new Taiwan dollars (about 4.4 billion U.S. dollars).
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MANILA — Philippine shares closed 6.7 percent lower on Monday.
The benchmark Philippine Stock Exchange index decreased by 487. 97 points to 6791.01. The all-share index went down by 276.42 points, or 6.65 percent, to 3881.70.
Trading volume reached 2.37 billion shares worth 13.03 billion pesos (281.01 million U.S. dollars).
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HO CHI MINH CITY — VN-Index, the stock market index of Ho Chi Minh (HCM) City bourse in southern Vietnam,closed at 526.93 points on Monday, down 29.37 points, or 5.28 percent, against last Friday ‘s closing session.
About 174.559 million shares worth 3.105 trillion Vietnamese dong (VND) (141.84 million U.S. dollars) changed hands at the southern HCM City Stock Exchange.
VN30-Index, the new benchmark index for the southern bourse, which tracks the 30 leading stocks by both market capitalization and liquidity, closed at 558.92 points, down 28.91 points, or 4.92 percent.
A total of 89.493 million shares worth 1.980 trillion VND (90. 46 million U.S. dollars) were traded on Monday.
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HANOI — Stock market index of Vietnam’s capital Hanoi, HNX- Index, closed at 73.09 points on Monday, down 4.51 points, or 5.81 percent, against the previous trading session.
A total of some 70.652 million shares worth around 697.559 billion Vietnamese dong (nearly 32 million U.S. dollars) were traded at the Hanoi Stock Exchange on Monday, an increase of 8.24 percent in volume and 15.88 percent in value against the previous trading session.
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SINGAPORE — Singapore stocks finished lower on Monday, with the benchmark Straits Times Index (STI) down 127.62 points, or 4. 30 percent, to close at 2,843.39.
A total of 1.85 billion shares changed hands with turnover of 1. 89 billion Singapore dollars (1.34 billion U.S. dollars).
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JAKARTA — Indonesian shares closed lower by 172.22 points, or 3.97 percent, to a level of 4,163.73 on Monday.
Some 311,271 transactions were booked, involving 5.46 billion shares worth 5.73 trillion rupiah (about 409.56 million U.S. dollars).
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DHAKA — Bangladesh’s DSE (Dhaka Stock Exchange) Broad Index closed Monday at 4,794 points, down 37.72 points or about 0.78 percent from Sunday’s finish.
Total turnover decreased to about 4 billion taka (about 51.20 million U.S. dollars) on Monday from about 4.68 billion taka ( about 59.97 million U.S. dollars) on Sunday.
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BANGKOK — The Stock Exchange of Thailand (SET) index Monday moved down 64.55 points, or 4.73 percent to close at 1,301.06 points.
Some 16.11 billion shares worth 60.49 billion baht (about 1.69 billion U.S. dollars) changed hands. Enditem

Source: XINHUA

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