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Sun, Apr 30, 2006 - Page 10　News List

Beijing rate hike sparks selldown

SHOCKER An unexpected interest rate hike in China provided an excuse for investors to take profits in the region, analysts said

AFP , HONG KONG

The Straits Times Index rose 9.65 points to 2,610.71.

Mumbai share prices closed up 0.14 percent, rebounding from a plunge of nearly 500 points after a regulatory crackdown on 24 brokerages over alleged manipulation of initial public share offerings.

The 30-share benchmark SENSEX index rose 16.91 points to 11,851.93.

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