Asia-Pacific bourses mixed ahead of U.S. rate decision<\/p>\n
TOKYO (AFP): Share markets in the Asia-Pacific region closed
\nmixed yesterday with many investors sidelined ahead of a U.S.
\ndecision on interest rates later in the week, broker said.<\/p>\n
In Tokyo, share prices rallied to close at the year's high
\nwith the key market barometer rising 0.8 percent on purchases of
\nselected blue-chip leaders and issues related to domestic demand.<\/p>\n
The Nikkei Stock Average of 225 leading issues rose 165.02
\npoints to finish at 20,489.75, the highest finish for the year.
\nIt topped 20,500 at one point for the first time in about five
\nmonths.<\/p>\n
In Jakarta, share prices closed 0.7 percent lower in
\nlackluster trade with most blue chips showing declines on the
\nback of weakening regional sentiment, dealers said.<\/p>\n
The Jakarta Stock Exchange composite index was down 4.52
\npoints at 652.55.<\/p>\n
In Hong Kong, share prices rose 0.3 percent as investors
\nsought property stocks amid expectations that U.S. authorities
\nwould raise interest rates by 25 basis points.<\/p>\n
The Stock Exchange of Hong Kong's key Hang Seng index rose
\n46.45 points to finish at 14,108.82.<\/p>\n
In Sydney, shares closed 0.3 percent down as strong buying in
\nthe resource sector failed to counter a wave of profit-taking in
\nbank stocks, brokers said here.<\/p>\n
The Australian Stock Exchange's key barometer, the all
\nordinaries index, fell 7.1 points to 2,531.0.<\/p>\n
In Kuala Lumpur, stock exchange's 100-share weighted composite
\nindex fell 0.52 point to 1,041.39 after reaching an intra-day low
\nof 1,029.63. The second board index rose 19.81 points, or 3.8
\npercent, to 535.88.<\/p>\n
In Singapore, blue-chip share prices closed 0.5 percent lower
\nwith investors sidelined ahead of the release of key Singapore
\ntrade numbers and a U.S. decision on interest rates.<\/p>\n
The Stock Exchange of Singapore's blue-chip benchmark, the
\nStraits Times Industrials index, fell 9.56 points to 2,050.94.
\nThe broader All-Singapore index dropped 4.25 points to 495.17.<\/p>\n
In Seoul, share prices rose 2.1 percent on the Korea Stock
\nExchange due to improved prospects for economic recovery and an
\neasing of political concerns triggered by the Hanbo scandal,
\ndealers said.<\/p>\n
The composite index surged 14.95 points to close at 721.20.<\/p>\n
In Bangkok, the stock exchange of Thailand (SET) broad-based
\nindex was up 15.91 points at 577.10 points, while the selected
\nSET-50 index gained 1.48 points to close at 42.14 points.<\/p>\n
In Manila, share prices fell 2.6 percent as foreign and local
\ninvestors stayed away from the bourse on a lack of market-moving
\nnews.<\/p>\n
The Philippine Stock Exchange index lost 66.77 points to end
\nat 2,509.36.<\/p>\n
In Taipei, share prices in Taiwan finished 0.4 percent lower
\nin light trading as investors retreated to the sidelines due to
\npolitical concerns.<\/p>\n
The Taiwan Stock Exchange weighted price index declined 33.58
\npoints to 8, 107.54.<\/p>\n
In Wellington, the key stock exchange-40 capital index closed
\n7.28 points lower at 2,307.56.<\/p>\n
In Shanghai, stock exchange's B share index rose 0.52 points
\nto close at 84.95 points. The A share index of domestically-
\ntraded shares rose 30.56 points, or 2.2 percent, to 1,406.47.<\/p>",
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"sponsor": "Okusi Associates",
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