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Asian stocks mostly down on Ukraine, Iraq jitters

By Kelvin Chan
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Asian stocks mostly down on Ukraine, Iraq jitters

HONG KONG (AP) — Asian stocks sank Friday as jitters over the crises in Iraq and Ukraine escalated but Chinese stocks rose after trade figures showed surprisingly strong growth in exports.

KEEPING SCORE: Japan’s Nikkei 225 led Asian declines, sliding 2.6 percent to 14,842.54 as the yen strengthened. South Korea’s Kospi lost 1.2 percent to 2,029.69 and Hong Kong’s Hang Seng shed 0.1 percent to 24,361.01. In mainland China, the Shanghai Composite Index climbed 0.2 percent to 2,192.54. Australia’s S&P/ASX 200 fell 1.3 percent to 5,436. Markets in India and Southeast Asia fell.

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