Asian stock markets close weaker<\/p>\n
HONG KONG (Reuter): Most Asian stock markets weakened
\nyesterday although Tokyo shares closed marginally stronger on the
\nback of the dollar breaking through the 98-yen barrier, brokers
\nsaid.<\/p>\n
Markets in Hong Kong, Singapore, Manila, Kuala Lumpur, Manila,
\nJakarta and Bombay ended lower while Bangkok, Taipei and Seoul
\njoined Tokyo among the gainers. Sydney's All Ordinaries index
\nended unchanged.<\/p>\n
Tokyo's Nikkei-225 share average closed up 45.52 points or
\n0.26 percent at 17,794.04, after rebounding from the day's low of
\n17,503.36 on buying of high-technology shares, brokers said.<\/p>\n
Many brokers expected selective buying of high-tech shares to
\ncontinue but they said that, for the time being, the Nikkei
\naverage was likely to keep moving in the range between 17,500 and
\n18,100.
\n`The dollar's recovery to above 98 yen and buying by public funds
\nalso helped to limit falls in share prices, they said.<\/p>\n
The Kuala Lumpur stock market fell 1.11 percent to 987.34
\npoints on worries of credit tightening by the central bank
\nNegara, brokers said.<\/p>\n
In Singapore, shares ended broadly lower as speculators locked
\nin profits accumulated over the past weeks, dealers said.<\/p>\n
The 30-share Straits Times Industrials Index ended down 2.80
\npoints at 2,114.98.<\/p>\n
Hong Kong Stocks recovered some of their early morning losses
\nbut ended lower in very thin trade. The Hang Seng Index finished
\n30.04 points lower at 9,222.91.<\/p>\n
Thai stocks ended with small gains. The SET index closed 1.91
\npoints higher at 1,297.23 on thin 3.33 billion baht (US$133.2
\nmillion) turnover. A slow afternoon rally pared earlier losses
\nwhich pushed the index down 9.76 points just before the midday
\nbreak.<\/p>\n
The Bombay Stock Exchange's 30-share BSE index dropped 22.79
\npoints to a provisional 3,314.28. The 100-stock National index
\nlost 5.30 points to a provisional 1,523.17.<\/p>\n
The Jakarta composite index fell 3.94 points to close at
\n496.60 on modest volume.<\/p>\n
Manila shares closed lower on a sell off wave triggered by
\nnews of higher August inflation, brokers said.<\/p>\n
The index dropped 28.77 points, or 1.04 percent, to 2,730.32
\npoints after Monday's 2.40-point fall. All sectors were down.<\/p>\n
In Seoul, stocks closed higher in moderate trading. The
\ncomposite index closed 6.52 points higher at 929.01, just off a
\nday high of 929.09.<\/p>\n
The Australian share market closed flat after a day of
\ndirectionless. The All Ordinaries index closed unchanged at
\n2,123.6 points.<\/p>\n
Taiwan's weighted index closed 28.25 points or 0.57 percent up
\nto 4,965.27 after hitting an intra-day high of 5,006.04.<\/p>\n
In London, the Financial Times-Stock Exchange index of 100
\nleading British shares had risen 13 points to 3,535.7.<\/p>\n
In Paris, the CAC-40 share index dropped 1.60 to 1,898.92.<\/p>\n
The 30-share DAX in Frankfurt was up 16.30 at 2,266.53.<\/p>", "url": "https:\/\/jawawa.id\/newsitem\/asian-stock-markets-close-weaker-1447893297", "image": "" }, "sponsor": "Okusi Associates", "sponsor_url": "https:\/\/okusiassociates.com" }