Most Asian markets fall
Tuesday, 17 July 2007
HONG KONG, July 16 (AP): Most Asian markets fell Monday, with companies like Samsung Electronics in Korea and China Mobile in Hong Kong declining on profit-taking.
BANGKOK: Thailand's shares ended lower on profit-taking, tracking regional declines. The Stock Exchange of Thailand's SET index lost 2.06 points, or 0.24 per cent, to 857.08.
JAKARTA: Indonesian shares declined 0.67 per cent as investors locked in recent sharp gains. The Jakarta Stock Exchange Composite Index lost 15.38 points to 2,286.21.
KUALA LUMPUR: Malaysian shares fell as profit-taking limited gains. The Kuala Lumpur Composite Index of 100 blue chips lost 3.21 points, or 0.23 per cent, to 1,381.51 points.
MANILA: Philippine shares retreated as investors locked in profits from last week's gains ahead of upcoming initial public offerings. The benchmark 30-company Philippine Stock Exchange Index lost 29.27 points, or 0.90 per cent, at 3,753.26.
SHANGHAI: Chinese stocks fell on growing worries of a possible interest rate hike or other policy shifts if economic figures due out later this week show inflation rising. The benchmark Shanghai Composite Index shed 92.48 points, or 2.40 per cent, to 3,821.92. The Shenzhen Composite Index of China's smaller, second bourse fell 32.92 points, or 3.0 per cent, to 1,057.07.
SINGAPORE: Singaporean shares closed flat. They may move higher over the next few weeks on expectations of healthy second-quarter financial reports, analysts said. The Straits Times Index closed down 1.38 points, or 0.04 per cent, at 3,653.23.
SYDNEY: Australian shares ended weaker, with big mining companies sold off on concerns over giant takeover deals. Financial stocks posted gains. The benchmark S&P/ASX200 ended down 8.6 points, 0.10 per cent, at 6,380.8.
TAIPEI: Taiwan shares fell, dragged down by declines in other Asian markets. The Weighted Price Index of the Taiwan Stock Exchange fell 53.98 points, or 0.60 per cent, to close at 9,417.32, despite rising as high as 9,539.20 in the morning.
WELLINGTON: New Zealand shares closed flat as the market continued to meander amid a paucity of domestic corporate news. The benchmark NZX-50 ended down 3.3 points, or 0.07 per cent, at 4,240.36.
BANGKOK: Thailand's shares ended lower on profit-taking, tracking regional declines. The Stock Exchange of Thailand's SET index lost 2.06 points, or 0.24 per cent, to 857.08.
JAKARTA: Indonesian shares declined 0.67 per cent as investors locked in recent sharp gains. The Jakarta Stock Exchange Composite Index lost 15.38 points to 2,286.21.
KUALA LUMPUR: Malaysian shares fell as profit-taking limited gains. The Kuala Lumpur Composite Index of 100 blue chips lost 3.21 points, or 0.23 per cent, to 1,381.51 points.
MANILA: Philippine shares retreated as investors locked in profits from last week's gains ahead of upcoming initial public offerings. The benchmark 30-company Philippine Stock Exchange Index lost 29.27 points, or 0.90 per cent, at 3,753.26.
SHANGHAI: Chinese stocks fell on growing worries of a possible interest rate hike or other policy shifts if economic figures due out later this week show inflation rising. The benchmark Shanghai Composite Index shed 92.48 points, or 2.40 per cent, to 3,821.92. The Shenzhen Composite Index of China's smaller, second bourse fell 32.92 points, or 3.0 per cent, to 1,057.07.
SINGAPORE: Singaporean shares closed flat. They may move higher over the next few weeks on expectations of healthy second-quarter financial reports, analysts said. The Straits Times Index closed down 1.38 points, or 0.04 per cent, at 3,653.23.
SYDNEY: Australian shares ended weaker, with big mining companies sold off on concerns over giant takeover deals. Financial stocks posted gains. The benchmark S&P/ASX200 ended down 8.6 points, 0.10 per cent, at 6,380.8.
TAIPEI: Taiwan shares fell, dragged down by declines in other Asian markets. The Weighted Price Index of the Taiwan Stock Exchange fell 53.98 points, or 0.60 per cent, to close at 9,417.32, despite rising as high as 9,539.20 in the morning.
WELLINGTON: New Zealand shares closed flat as the market continued to meander amid a paucity of domestic corporate news. The benchmark NZX-50 ended down 3.3 points, or 0.07 per cent, at 4,240.36.