11. The index heavyweights Astra AB and Ericsson AB dragged market indexes down in the last five sessions. 12. An overnight decline on Wall Street and profit-taking had dragged the index down in the morning. 13. Analysts said the stock market index was dragged down by a move seen as a bailout of a major Malaysian conglomerate. 14. Brokers predicted profit-taking would drag the index down further. 15. Brokers said the index was dragged down by the fall in HSBC Holdings, which is the largest stock by market capitalization. 16. But a downturn in technology heavyweights later dragged the index into negative territory. 17. But institutional buying of market leader Zhejiang Southeast Electric Power emerged in the afternoon to help drag the index off earlier lows, they said. 18. But the downturn in major computer chips makers Toshiba and Fujitsu and electronics makers Kyocera and TDK later dragged the index into negative territory, traders said. 19. In Indonesia, the key stock index was dragged down by arbitrage-related selling in telecommunication shares. 20. On the stock market, the Nikkei index was dragged lower by investors selling shares to book profits on recent price gains. |