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Asian share prices close mixed

| Source: AFP

Asian share prices close mixed

TOKYO (AFP): Japanese share prices closed 1.6 percent lower yesterday while other Asian bourses were mixed, most moving in line with domestic news.

In Tokyo, the overall market was pressured by futures-led selling together with foreign and retail investor sales, brokers said.

The Nikkei stock average of the Tokyo Stock Exchange dropped 332.59 points to finish the session at 20,744.88 while the broader Topix index of all shares on the first section closed 17.07 points lower at 1,584.81.

In Hong Kong, share prices rose 0.6 percent on buying of shares in HSBC Holdings plc following strong interim profit results, dealers said.

The Stock Exchange of Hong Kong's key Hang Seng Index gained 63.17 points to finish at 11,134.60.

In Singapore, blue-chip share prices closed 0.8 percent lower as profit-taking and the absence of institutional buying interest applied the brakes on a four-day rebound.

The Straits Times Industrials index of leading shares on the Stock Exchange of Singapore fell 17.36 points to 2,129.36. The broader All-Singapore index fell 3.30 points to 538.40.

In Kuala Lumpur, shares tumbled 1.2 percent, weighed down by selling of Tenaga Nasional Bhd. spurred by Saturday's 16-hour national power outage, brokers said.

The Kuala Lumpur Stock Exchange's 100-share weighted composite index fell 12.77 points to 1,093.52.

In Seoul, the composite price index rose 3.75 points to finish at 828.05.

In Manila, the Philippine Stock Exchange index fell 32.46 points to 3,121.52.

In Bangkok, the broad-based Stock Exchange of Thailand (SET) index fell 11.96 points to close at 1,125.48 points. The selected SET 50 index lost 1.09 points to finish at 85.66 points.

In Sydney, the Australian Stock Exchange's main indicator, the all ordinaries index, dropped 10.8 points to 2,222.9.

In Taipei, the Taiwan Stock Exchange weighted price index rose 183.32 points to 6,266. 98.

The Financial Times-Stock Exchange index of 100 leading British shares was down 4.8 points at 3,783.5.

Frankfurt's 30-share DAX index was up 1.27 at 2,522.20.

In Paris, the CAC-40 index was 17.54 lower at 1,995.65.

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