Tuesday, 07 May 2013 13:26
Posted by Parvez Jabri
HONG KONG: Asian markets were mixed Tuesday, with Tokyo soaring to its highest close in almost five years after a four-day holiday weekend but with other major bourses following Wall Street's uncertain lead.Japan's Nikkei added 3.55 percent, or 486.20 points, to 14,180.24 -- its best finish since June 2008 -- as investors caught up with several positive reports from last week, including favourable US jobs data and a European Central Bank (ECB) interest rate cut.Seoul fell 0.36 percent, or 7.13 points, to close at 1,954.35 and Sydney lost 0.24 percent, or 12.5 points, to end at 5,143.7 after Australia's central bank cut interest rates to a record low of 2.75 percent.Hong Kong rose 0.58 percent, or 132 points, to 23,047.09 while Shanghai edged up 0.20 percent as investors opted to stay on the sidelines before the release of economic figures later this week.The benchmark Shanghai Composite Index increased 4.40 points ...
20
HONG KONG: Asian markets were mixed Tuesday, with Tokyo soaring to its highest close in almost five years after a four-day holiday weekend but with other major bourses following Wall Street's uncertain lead.Japan's Nikkei added 3.55 percent, or 486.20 points, to 14,180.24 -- its best finish since June 2008 -- as investors caught up with several positive reports from last week, including favourable US jobs data and a European Central Bank (ECB) interest rate cut.Seoul fell 0.36 percent, or 7.13 points, to close at 1,954.35 and Sydney lost 0.24 percent, or 12.5 points, to end at 5,143.7 after Australia's central bank cut interest rates to a record low of 2.75 percent.Hong Kong rose 0.58 percent, or 132 points, to 23,047.09 while Shanghai edged up 0.20 percent as investors opted to stay on the sidelines before the release of economic figures later this week.The benchmark Shanghai Composite Index increased 4.40 points ...
HONG KONG: Hong Kong shares ended 0.58 percent higher on Tuesday in subdued trading ahead of the release of Chinese economic data later in the week.The benchmark Hang Seng Index added 132 points to end at 23,047.09 on turnover of HK$56.73 billion ($7.31 billion).Chinese shares finished up 0.20 percent. The benchmark Shanghai Composite Index edged up 4.40 points to 2,235.57 on turnover of 79.0 billion yuan ($12.8 billion).China is due to release trade data on ...
HONG KONG: Asian markets were mixed Tuesday, with Tokyo soaring to its highest close in almost five years after a four-day holiday weekend but with other major bourses following Wall Street's uncertain lead.Japan's Nikkei added 3.55 percent, or 486.20 points, to 14,180.24 -- its best finish since June 2008 -- as investors caught up with several positive reports from last week, including favourable US jobs data and a European Central Bank (ECB) interest rate cut.Seoul ...
COLOMBO: Sri Lankan shares hit a 17-month closing high on Monday, led by blue chips such as conglomerate John Keells Holdings, with retail investors buying select shares on expectations of a rate cut at the central bank's policy meeting this week.The day's turnover hit its highest in seven months, boosted by block deals in Lanka Ceramic PLC.The main stock index rose 1.8 percent, or 107.99 points, to 6,121.17, its highest close since Dec. 1, 2011.Shares ...
MUMBAI: Indian shares rose on Monday to close near a three-month high hit on Thursday, led by gains in stocks beaten down earlier, such as Tata Consultancy Services , which rose on short covering, and metals firm Hindalco Industries, following copper's rally on Friday.Gains also tracked higher Asian shares as investors cheered the upbeat US labour force report which sent Wall Street to an all-time closing high last week.MSCI's broadest index of Asia-Pacific shares outside ...
