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TOKYO Jan 10: Asia’s stock exchanges had a mixed day’s trading on Thursday with investors mostly influenced by either falls on Wall Street or hopes of a hi-tech led recovery.
Share prices in Tokyo fell 1.2 per cent on concerns over the adverse impact of a weak yen, but there were signs of renewed investor interest in Japanese blue chip exporters, dealers said.
The Tokyo Stock Exchange’s key Nikkei-225 index closed down 125.55 points at 10,538.43.
Since the burst of the ‘bubble economy’ (at the start of the 1990s) the local equity market showed a good performance when the yen was strong, said UFJ Capital Markets Securities head of the research department Mitsuru Saito.
HONG KONG: Hong Kong share prices fell 1.6 per cent as China Mobile and China Unicom extended losses on concerns over the impact from further liberalisation in China’s telecoms market.
The key Hang Seng index lost 184.65 points to close at 11,256.07.
She said China Mobile and China Unicom may test their support of $22.00-23.00 and $7.60 respectively in the near term.
SYDNEY: Australian share prices fell marginally with resource stocks outperforming an otherwise dull market on the back of higher metal prices.
The All Ordinaries index fell 3.1 points to 3,351.8 while the SP/ASX 200 closed down 3.4 points at 3,409.1.
Dicksons broker Jon Hancock said base metal stocks including gold companies were well supported by higher metal and gold prices.
SINGAPORE: Singapore stocks closed 1.2 per cent higher as resurgent hopes of an early economic recovery pushed the index back above 1,700 after the previous day’s fall.
The Straits Times Index (STI) rose 20.44 points to 1,706.64 while the broader All Singapore Equities index added 5.68 to finish at 450.45.
Buying focused on technology stocks and selected property issues. A fall in the STI on Wednesday had snapped a five-day rally.
KUALA LUMPUR: Malaysian share prices closed 0.6 per cent higher on follow-through buying of select stocks.
The Kuala Lumpur Stock Exchange composite index rose 4.52 points to finish at 704.99.
MUMBAI: Share prices closed 0.6 percent lower on the Bombay Stock Exchange (BSE) after software major Infosys Technologies’ third quarter results failed to beat market expectations.
The benchmark-30 share BSE sensitive index shed 18.93 points to close at 3,381.96.
JAKARTA: Indonesian shares closed 2.7 per cent stronger with the index breaching the 400-point level for the first time since last September on the back of aggressive foreign buying in big caps.
The Jakarta Stock Exchange composite index ended up 10.571 points at 402.069.
WELLINGTON: The New Zealand share market rose by 1.1 per cent as the NZSE-40 capital index gained 22.52 points to close at 2107.20 thanks to Telecom’s continued good form.
In a burst of activity in the last minutes of trading today, Telecom touched $5.44, but came off at the close to finish 17 cents up at 5.42.
The market has just gapped on the movement in Telecom, ABN Amro institutional dealer Nigel Scott said.—AFP
