Sun, Jan 06, 2008 - Page 10 News List

ASIA: Exporters lead weekly drop in Asian stocks

INTERRELATED Most regional markets lost ground this week, with Japanese stocks hitting their lowest level in 17 months as investors fretted about the US economy

BLOOMBERG AND AFP , HONG KONG

The KOSPI index closed up 11.17 points or 0.6 percent at 1,863.90.

SINGAPORE

Singapore share prices closed 1.19 percent higher, reversing early falls as investors temporarily set aside concerns about the US economy, dealers said.

The main Straits Times Index closed up 40.73 points at 3,437.79.

KUALA LUMPUR

Malaysian share prices closed 2.2 percent higher at a new record, dealers said. The Kuala Lumpur Composite Index (KLCI) closed up 31.29 points to a closing record of 1,466.67.

BANGKOK

Thai share prices closed 1.31 percent lower on worries over the health of the US economy, dealers said.

The Stock Exchange of Thailand (SET) composite index fell 10.92 points to 821.71, while the blue-chip SET-50 index lost 10.39 points to 598.38.

JAKARTA

Indonesian share prices closed up 1.9 percent on Friday, on strong buying in miners, oil producers and plantation stocks following a rise in commodity prices, dealers said.

The Jakarta composite index was up 50.13 points at 2,765.19.

MANILA

Philippine share prices closed 0.6 percent lower on Friday, dealers said.

The composite index fell 22.01 points to 3,479.37, its weakest finish in two weeks. The broader all-share index slipped 14.50 points to 2,140.03.

WELLINGTON

New Zealand share prices closed 0.57 percent lower, dealers said.

The benchmark NZX-50 index fell 23.11 points to 4,010.82.

MUMBAI

Indian share prices rose 1.68 percent to a record close, dealers said.

The 30-share Mumbai stock exchange SENSEX index rose 341.69 points to a record 20,686.89. The SENSEX also hit a new intra-day high of 20,762.8.

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