Wednesday, 18 January 2012 13:11
Posted by Shoaib-ur-Rehman Siddiqui
HONG KONG: Shares in Hong Kong rose 0.30 percent on Wednesday, boosted by upbeat economic data from the United States and Germany as well as successful bond auctions in Spain and Greece.
Hong Kong's benchmark Hang Seng Index gained 59.17 points, to 19,686.92 on turnover of HK$64.52 billion ($8.27 billion).
But Chinese shares closed down 1.39 percent, a day after surging more than four percent.
The Shanghai Composite Index, which covers both A and B shares, was down 32.00 points at 2,266.38 on turnover of 80.7 billion yuan ($12.8 billion).
The index rose 4.18 percent Tuesday after data revealed the economy grew 8.9 percent in the fourth quarter last year, slower than in the third quarter, but still exceeding analysts' expectations.
Copyright AFP (Agence France-Presse), 2012 ...
326
HONG KONG: Shares in Hong Kong rose 0.30 percent on Wednesday, boosted by upbeat economic data from the United States and Germany as well as successful bond auctions in Spain and Greece.
Hong Kong's benchmark Hang Seng Index gained 59.17 points, to 19,686.92 on turnover of HK$64.52 billion ($8.27 billion).
But Chinese shares closed down 1.39 percent, a day after surging more than four percent.
The Shanghai Composite Index, which covers both A and B shares, was down 32.00 points at 2,266.38 on turnover of 80.7 billion yuan ($12.8 billion).
The index rose 4.18 percent Tuesday after data revealed the economy grew 8.9 percent in the fourth quarter last year, slower than in the third quarter, but still exceeding analysts' expectations.
Copyright AFP (Agence France-Presse), 2012 ...
TAIPEI: Taiwan stocks ended up 0.17 percent on Wednesday, the last session before the long Lunar New Year holiday, but financials fell on lingering concern that the euro zone debt crisis could deteriorate.
The main TAIEX index gained 12.61 points to end at 7,233.69, the highest since mid-November, while the financials sub-index shed 1.68 percent.
LCD makers, up 0.84 percent, and Hon Hai Precision Industry Co Ltd, which firmed 0.8 percent, were among the bright spots.
JP ...
SEOUL: Seoul shares finished almost steady on Wednesday, as stubborn resistance near the 1,900 point line and technical adjustments following Tuesday's gains offset relatively positive sentiment.
Falls were led by automakers, with Hyundai Motor shedding 2.16 percent while KIA Motors retreated 2.91 percent.
The Korea Composite Stock Price Index (KOSPI) inched 0.02 percent lower to close at 1,892.39 points.
Copyright Reuters, 2012 ...
MUMBAI: Indian shares erased opening gains on Wednesday, while market heavyweight Reliance Industries rallied as much as 4.1 percent after the company said its board would consider on Jan. 20 a share buyback.
Essar Oil fell as much as 20 percent after India's Supreme Court passed a ruling late on Tuesday that means the refiner will no longer be able to defer payment of a sales tax.
At 9:17 a.m. (0347 GMT), the main 30-share BSE index ...
HONG KONG: Hong Kong stocks rose 0.12 percent at the beginning of trade on Wednesday, extending the previous day's rally following a positive lead from Wall Street.
The benchmark Hang Seng Index added 23.84 points to 19,651.59.
Copyright AFP (Agence France-Presse), 2012 ...
SHANGHAI: Chinese shares were up 0.36 percent in morning trade Wednesday, extending gains after rising more than four percent Tuesday on positive economic data, dealers said.
The Shanghai Composite Index, which covers both A and B shares, was up 8.17 points to 2,306.55.
The benchmark index surged 4.18 percent on Tuesday, after the government said China's economy grew 8.9 percent in the fourth quarter last year, slower than in the third quarter, but still exceeding analyst expectations.
Hopes ...
