World stocks mixed as investors mull US bank plan (AP)

Posted by admin on February 26, 2009 under News |

World stocks mixed as investors mull US bank plan (AP)

Investors chat in front of the stock price monitor at a private securities company Thursday Feb. 26, 2009 in Shanghai, China. Chinese shares fell Thursday as investor enthusiasm eased following a rally driven by stronger bank lending and the release of government stimulus plans for industries hit by the global downturn. The benchmark Shanghai Composite Index dropped 85.32 points, or 3.9 percent, to close at 2121.25. (AP Photo/Eugene Hoshiko)AP - Asian markets retreated Thursday, with benchmarks Hong Kong and South Korea sinking about 1 percent, after an early rally faded amid doubts about a U.S. plan to stabilize banks and worsening prospects for global companies. European shares opened higher.


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