Sun, May 28, 2006 - Page 10 News List

Asian rollercoaster ride continues

TECHNICAL REBOUND Amid hopes that the worst may be over, markets in Asia recovered from the battering they took amid fears that US interest rates may rise

AFP , HONG KONG

Wellington share prices rose 0.52 percent as local investors reacted positively to firmer world markets.

The NZSX-50 gross index rose 18.93 points to close at 3,599.43.

Mumbai share prices extended their gains for a second day to close up 1.34 percent, led by domestic fund buying in large-cap stocks as the market was cheered by a rally on Wall Street.

The benchmark 30-share Mumbai stock exchange SENSEX rose as much as 3.6 percent in early morning trade, but retraced some gains on profit-taking to close up 143.03 points at 10,809.4.

This story has been viewed 2341 times.
TOP top