Sun, Sep 24, 2006 - Page 10 News List

Asia struggles as US feel-good factor ebbs

CAUTIOUS Worrying Fed data sparked early losses in Taipei which were limited by hopes for end-quarter window-dressing and a rally in firms with a presence in China



Malaysian share prices closed little changed, with investors sidelined ahead of a central bank decision on interest rates next week, dealers said.

The Kuala Lumpur Composite Index was down 0.85 points at 965.23 on volume of 456.9 million shares.


Thai share prices closed at a two-month low as investors continued uneasy after a military coup ousted premier Thaksin Shinawatra overnight on Tuesday, dealers said.

They said selling spread across the board as the coup left foreign investors jittery over the political future of Thailand.

The Stock Exchange of Thailand (SET) composite index dropped 10.86 points or 1.57 percent to 681.71 and the blue-chip SET 50 index lost 6.97 points to 480.07.


Indian share prices closed down 0.31 percent, snapping two days of strong gains amid bearish global stock market sentiment triggered by fears of a US economic slowdown, dealers said.

They said buying interest weakened across index and mid-cap stocks.

The benchmark 30-share SENSEX fell 37.49 points to 12,236.78.

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