HONG KONG, Sept 11: Asian markets mostly retreated on Tuesday following losses on Wall Street as dealers awaited a meeting of the US Federal Reserve policy committee hoping for a fresh round of stimulus measures.

Tokyo fell 0.70 per cent, or 61.99 points, to 8,807.38, Sydney closed 0.18 per cent, or 8.0 points, lower at 4,325.8 and Seoul lost 0.24 per cent, or 4.70 points, to close at 1,920.00.

Shanghai ended down 0.67 per cent, or 14.34 points, at 2,120.55 but Hong Kong staged a late rally to close 0.15 per cent higher, adding 30.71 points to 19,857.88.

In other markets: Singapore closed 0.26 per cent, or 7.68 points higher, at 3,016.40. Fraser and Neave raised 1.29 per cent to Sg$8.66 and Singapore Airlines fell 0.28 per cent to Sg$10.52.

Kuala Lumpur lost 6.80 points, or 0.42 per cent, to end at 1,614.24. Malayan Banking shed 0.22 per cent to 9.15 ringgit, while CIMB Group Holdings declined 1.62 per cent to 7.28.

Bangkok fell 0.21 per cent or 2.61 points to 1,248.32. Coal producer Banpu fell 2.69 per cent to 434.00 baht, while PTT lost 0.61 per cent to 327.00 baht.

Jakarta closed 0.13 per cent lower, or 5.30 points, at 4,155.36. Carmaker Astra International fell 2.0 per cent to 7,250 rupiah, Bank Mandiri declined 1.9 per cent to 7,750 rupiah, while coal company Indika rose 2.0 per cent to 1,540 rupiah.

Mumbai rose 0.49 per cent, or 86.17 points, to 17,852.95. India’s private housing finance firm the HDFC increased 2.49 per cent to 758.1 rupees.

The country’s largest private iron-ore producer Sesa Goa fell 5.81 per cent to 159.8 rupees.—AFP

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