Sun, Mar 25, 2007 - Page 10 News List

Asian stocks end week mixed in hesitant trading

SUPPORT Although the TAIEX gained on Friday, dealers said that a lack of convincing leads kept the index from getting much closer to 8,000 points

AFP , HONG KONG

The Hang Seng Index added 2.39 points at 19,692.64, off a low of 19,634.11 and high of 19,729.49. For the week, the market was up 739.14 points or 3.9 percent.

SEOUL

South Korean share prices closed little changed, with investors turning cautious ahead of the weekend and the corporate earnings season beginning next month, dealers said.

The KOSPI index slipped 1.15 points at 1,447.38, off a high of 1,454.34 and a low of 1,443.04. The market gained 19.50 points for the week.

SHANGHAI

Chinese share prices closed 0.10 percent higher, edging up for another record finish as early losses were recovered on the back of sustained capital inflows, dealers said.

The benchmark Shanghai Composite Index, which covers both A- and B-shares listed on the Shanghai Stock Exchange, added 3.06 points to a record close of 3,074.29.

The Shanghai A-share Index was up 3.25 points or 0.10 percent at 3,230.27 and the Shenzhen A-share Index rose 9.11 points or 1.08 percent at a record 853.16.

SYDNEY

Australian shares closed flat in cautious trade as some investors took profits following Thursday's sharp rally, dealers said.

The benchmark S&P/ASX 200 slipped 3.4 points at 5,952.3 and the broader All Ordinaries shed 2.3 points to 5,933.1.

SINGAPORE

Singapore share prices closed 0.43 percent lower on a lack of fresh leads and as investors consolidated a series of strong gains made this week, dealers said.

The Straits Times Index was down 13.69 points at 3,205.82.

KUALA LUMPUR

Malaysian share prices closed 1.14 percent higher, extending gains to a seventh straight day after the government announced major incentives for the property sector, dealers said.

The Kuala Lumpur Composite Index closed up 13.93 points at 1,235.65.

MUMBAI

Indian share prices closed down 0.17 percent, snapping four straight days of gains as investors took profits after a sharp rally led by global trends, dealers said.

The 30-share Mumbai stock exchange SENSEX index fell 22.1 points at 13,285.93, having risen 855 points or 7.06 percent on Thursday.

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