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Asian Markets Meander

Stock quotes in this article: CHL , LFC , TPR , ACH , SNE , NTDOY , CAJ , PKS , KB  

After Monday's steep plunges, Asian markets suffered from motion sickness Tuesday, with indices moving mostly within tight ranges to end the day mixed.

After falling as much as 2% in mid-morning trading, the Hang Seng clawed its way back to end up 137 points, or 0.5%, at 27,803 on the day, while in China the Shanghai Composite Index lost early gains, finishing down 29 points, or 0.5%, at 5158.

In Japan, the Nikkei continued Monday's fall into negative territory for the year, easing 70 points, or 0.46%, to 15,126.

The trading continues last week's similar trend in the markets, as concerns over a rising yen, higher inflationary pressures in China, and U.S. subprime woes continue to keep Asian bargain hunters from buying aggressively into the dips. ...

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