Sun, Aug 05, 2007 - Page 10 News List

Asian markets decline amid US subprime woes

LOANS CRISIS The TAIEX rose 1.2 percent on Friday as solid second-quarter results helped offset concern about problems in the US mortgage market

BLOOMBERG

The Straits Times Index (STI) added 0.58 points to 3,436.04 on volume of 2.54 billion shares.

KUALA LUMPUR

Malaysian share prices closed 0.2 percent higher after a volatile session as investors stayed cautious ahead of the weekend amid lingering concerns over the US credit crunch.

The composite index was up 2.14 points at 1,335.42.

MUMBAI

Indian share prices closed up one percent on bargain-hunting as funds and investors bought benchmark stocks after sharp declines earlier in the week.

The Mumbai stock exchange benchmark 30-share SENSEX index closed up 152.7 points at 15,138.4 after gaining 49.93 points on Thursday.

HANOI

Vietnamese share prices fell 2 percent with the benchmark index closing below the 900 point-level for the first time in almost eight months.

The Ho Chi Minh City bourse's VNIndex fell 18.3 points to 892.88.

The relatively young and small stock market -- which sky-rocketed over 144 percent last year, one of the world's fastest rates -- has dropped back off in recent months from an all-time high of 1,170.67 in mid-March.

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