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Sun, Jan 27, 2008 - Page 10　News List

ASIA: Asian benchmark pares loss after rate cut

BEAR MARKET The MSCI Asia Pacific Index registered its fourth consecutive weekly decline this week, but the Fed's reduction of borrowing costs limited its momentum

BLOOMBERG AND AFP , HONG KONG

BANGKOK

Thai share prices closed 4.27 percent higher, dealers said. The Stock Exchange of Thailand (SET) composite index jumped 31.14 points to 759.72 and the blue-chip SET-50 gained 26.30 points to 547.37.

MANILA

Philippine share prices closed 2.9 percent higher, dealers said. The composite index rose 89.99 points to close at 3,237.41. The broader all-share index advanced 42.21 points, or 2.2 percent, to 1,981.39.

MUMBAI

Indian share prices surged 6.62 percent, dealers said.

The benchmark 30-share SENSEX index soared 1,139.92 points to 18,361.66, its biggest single-day point gain.

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