SE Asian stock markets battered<\/p>\n
TOKYO (AFP): Southeast Asian markets took a beating yesterday
\nas investors withdrew support amid uncertainty over regional
\ncurrencies and the release of poor economic data.<\/p>\n
In Tokyo, Japanese share prices edged up, with short-covering
\nin high-technology issues reviving buying interest in early
\ntrade, brokers said.<\/p>\n
The Nikkei stock average of the Tokyo Stock Exchange rose 9.51
\npoints to finish the session at 18,451.45, but the broader Topix
\nindex of all shares on the first section closed 4.68 points lower
\nat 1,438.10.<\/p>\n
In Hong Kong, stocks closed 4.2 percent down, suffering the
\nfifth biggest points drop in the territory's history, amid
\nturbulence in stocks and currencies around Southeast Asia and
\nrumors of a hike in local interest rates.<\/p>\n
The Hang Seng Index, the key barometer of the Stock Exchange
\nof Hong Kong plunged 657.85 points to 14,876.10 points.<\/p>\n
In Sydney, the exchange's main indicator, the all ordinaries
\nindex, rose 4.8 points to 2,631.3.<\/p>\n
The all industrials index rose 11.1 points to 4,235.4 while
\nthe all resources index slipped 0.6 points to 1,380.4.<\/p>\n
In Singapore, blue-chip share prices closed 3.6 percent down
\nto a four-year low.<\/p>\n
The Straits Times Industrials index of leading shares on the
\nStock Exchange of Singapore fell 69.34 points to 1,846.62, the
\nlowest level since late 1993. The broader All-Singapore index
\ngave up 17.55 points to 460.16.<\/p>\n
In Kuala Lumpur, the key stock index plummeted 4.2 percent
\nchoked by a surprise move to impose trade restrictions on the 100
\ncomponent stocks of the composite index.<\/p>\n
Th 100-share weighted composite index tumbled 35.74 points to
\nend at 812.18, after breaching a 800-points psychological support
\nlevel, established after the 1993 bull run, to touch 777.46.<\/p>\n
In Manila, Philippine share prices fell 9.3 percent in the
\nbiggest single-day plunge which was attributed to the release of
\ndisappointing economic figures for the first half of the year.<\/p>\n
The Philippine Stock Exchange index fell 212.06 points to
\n2,071.97 points.<\/p>\n
In Bangkok, Thai share prices dropped 2.3 percent on foreign
\nselling of bank shares following the central bank's announcement
\nof economic data and a weakening of the baht, analysts said.<\/p>\n
The Stock Exchange of Thailand (SET) broad-based index
\ndeclined 11.98 points to 511.76 points, while the SET-50 select
\nwas off 1.11 points at 36.84 points.<\/p>\n
In Shanghai, the B share index dropped 3.74 points to close at
\n86.61 points. The A share index of domestically-traded shares
\nrose 18.2 points, or 1.5 percent to close at 1,265.38 points.<\/p>\n
In Taipei, the weighted price index slid 223.18 points to
\n9,827. 49.<\/p>\n
In Auckland, the NZSE-40 capital index was up 14.36 points at
\n2,487.89.<\/p>\n
In London, the FT-SE 100 index of leading shares was showing a
\nloss of 10.8 points at 4,896.1. in early trade.<\/p>\n
In Paris, the CAC-40 index opened 23.82 points higher at
\n2,895.52.<\/p>",
"url": "https:\/\/jawawa.id\/newsitem\/se-asian-stock-markets-battered-1447893297",
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"sponsor": "Okusi Associates",
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