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Sunday, September 18, 2005

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Mumbai, Seoul set records
Asian stocks end mixed
9/18/2005
 

          HONG KONG, Sept 17 (AFP): Asian stocks closed mixed Friday after a lacklustre showing on Wall Street but this was no deterrent to Seoul and Mumbai who all continued record-breaking performance in defiance of concerns over oil or rising interest rates, dealers said.
MUMBAI: Indian share prices rose 1.17 per cent, extending record gains as the market continued to move ahead on solid local and foreign investor support, dealers said.
TOKYO: Japanese share prices closed mixed, with the headline blue-chip index ending 0.22 per cent lower, weighed down by profit taking after recent strong gains, dealers said.
SEOUL: South Korean share prices closed 0.39 per cent higher, with the modest gain still enough to see the market chalk up another record finish, dealers said.
HONG KONG: Hong Kong share prices closed down 0.38 per cent, led back below the key 15,000 points level by property stocks on worries over an expected US interest rate hike next week, dealers said.
TAIPEI: Taiwan share prices closed 0.84 per cent lower as further weakness in the Taiwan dollar and fears of margin calls weighed down the market further, dealers said Friday.
SHANGHAI: Chinese share prices closed 0.36 per cent lower, with oil refiners weighed down by waning hopes for a hike in gasoline prices and textile companies struggling on concerns over increasing trade frictions with the United States, dealers said.
SINGAPORE: Singapore share prices closed 0.49 per cent lower in cautious trade ahead of next week's US Federal Reserve meeting to decide on interest rate policy, dealers said.
KUALA LUMPUR: Malaysian share prices closed 0.25 per cent higher in mixed trade, with investors remaining cautious about rising inflation, dealers said.
The Kuala Lumpur Composite Index gained 2.34 points at 921.99 on volume of 407 million shares worth 693.68 million ringgit (184 million dollars). Losers led gainers 381 to 315.

 

 
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