Sun, Oct 07, 2007 - Page 10 News List

Asian stocks rise for third week as credit woes ease

BLOOMBERG

SYDNEY

Australian share prices closed up 0.6 percent as investors picked up commodities and consumer staple stocks ahead of the release of US jobs data, dealers said.

The benchmark S&P/ASX 200 rose 38.5 points to 6,605.4, while the broader All Ordinaries was up 37.4 points at 6,617.3.

SINGAPORE

Singapore share prices closed 1.0 percent higher on buying in blue chips led by bourse operator Singapore Exchange, dealers said.

The benchmark Straits Times Index rose 38.81 points to 3,822.62.

KUALA LUMPUR

Malaysian share prices closed 0.2 percent higher with the market's firmness in heavy trading suggesting positive investor sentiment, dealers said.

The Kuala Lumpur Composite Index rose 2.55 points to 1,372.39.

MANILA

Philippine share prices closed flat as investors locked in profits ahead of key US economic data, dealers said.

The composite index edged up 0.45 points at 3,775.91 after it see-sawed between 3,759.04 and 3,814.62.

MUMBAI

Indian share prices ended flat on Friday in sharply volatile trade as the benchmark SENSEX fell off an intraday record high with investors locking in gains, dealers said.

The Mumbai stock exchange's SENSEX index fell 3.78 points or 0.02 percent to 17,773.36, off the day's high of 17,979.18, a new intraday record.

The previous intraday high was 17,953.07 on Wednesday.

This story has been viewed 1555 times.
TOP top