Singapore’s benchmark stock index fell 1.3 percent to its lowest close since August 2006, and is down 5.8 percent for the week.

Indonesia dropped 1.3 percent on banks and resources, while Malaysia and Thailand edged 0.4 percent down.

“The market’s rather directionless. No one wants to take a position,” said a Singapore dealer. “The other regional markets aren’t doing too well either.”

Hong Kong’s Hang Seng fell 1.3 percent, while Japan’s Nikkei dropped 0.9 percent.

The Philippine index added 1.2 percent.

Source: Reuters