Sun, Nov 14, 2004 - Page 10 News List

Asia undaunted by bad news from Japan

POSITIVE SPIN Share prices soared on Friday as investors decided to ignore weaker-than-expected growth figures in Japan and focus on improving consumer demand

AFP , HONG KONG

The SP/ASX 200 index was down 0.8 points at 3,862.5 and the broader All Ordinaries index slipped 1.0 point at 3,872.6 as both indices took a breather after their record finish on Thursday.

Singapore share prices closed 0.76 percent higher on gains in blue chip stocks such as Singapore Telecommunications (SingTel), dealers said.

The Straits Times Index rose 15.47 points at 2,038.46, while the broader All Singapore Equities index added 2.71 points at 523.74.

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