News Column

Xinhua Summary of Asia-Pacific stocks news at 1100 GMT, Sept. 3

September 3, 2014



PEKIN (CIHAN)- TOKYO -- Tokyo stocks closed higher Wednesday, with its benchmark Nikkei index hitting a fresh seven-month high on a weaker yen and Japan's Cabinet reshuffle.

The 225-issue Nikkei Stock Average gained 59.75 points, or 0.38 percent, from Tuesday to close at 15,728.35, its best finish since Jan. 22.

The broader Topix index of all First Section issues on the Tokyo Stock Exchange was up 4.52 points, or 0.35 percent, at 1,301. 52.

The turnover was about 2,068.8 billion yen (about 19.65 billion U.S. dollars).

----

BEIJING -- Share prices on China'sShanghai and Shenzhen bourses went up further for the fourth straight day and closed one percent higher on Wednesday, led by the heavyweight property sector.

The benchmark Shanghai Composite Index hit a 15-month high on Tuesday and refreshed the high on Wednesday, amid hectic trading.

Till the market close, the benchmark Shanghai Composite Index surged 1 percent to close at 2,288.63 points. The smaller Shenzhen Composite Index increased 0.77 percent to end at 1,258.74, while the SME Index for small firms advanced 0.78 percent to close at 5, 391.29 and the ChiNext index went up 0.86 percent to close at 1, 477.67.

Combined turnover of the two bourses expanded further to 403.3 billion yuan (about 65.7 billion U.S. dollars) from 367.8 billion yuan (about 59.9 billion U.S. dollars) on previous trading day, hitting a new high since November of 2010.

----

HONG KONG -- Hong Kong stocks rose 568.93 points, or 2.3 percent, to close on Wednesday at 25,317.95 points.

The benchmark Hang Seng Index traded between 25,325.16 and 24, 751.72. Turnover totaled 100.48 billion HK dollars (12.97 billion U.S. dollars).

----

VIENTIANE -- The Lao stock market finished on Wednesday down 0. 67 percent against the previous trading day.

The Lao Securities Exchange composite index decreased by 9.68 points to 1,427.72. A total of 15,000 shares worth about 121 million Lao kip (about 14,000 U.S. dollars) changed hands at the stock market.

----

SEOUL -- Seoul shares ended slightly lower on Wednesday.

The benchmark Korea Composite Stock Price Index (KOSPI) edged down 0.38 points, or 0.02 percent, to close at 2,051.20. Trading volume stood at 333.23 million shares worth 4.63 trillion won (4. 54 billion U.S. dollars).

----

WELLINGTON -- New Zealand shares rose Wednesday, as investors sought out higher yields amid rising political uncertainty ahead of this month's general election.

The NZX 50 Index rose 2.623 points, or 0.05 percent, to 5224. 396. Within the index, 21 stocks rose, 16 fell and 13 were unchanged. Turnover was 161.5 million NZ dollars.

----

HONG KONG -- Taiwan's share prices closed higher Wednesday with the weighted index up 50.63 points, or 0.53 percent, to close at 9, 450.35, according to news reaching here from Taipei.

Turnover totaled 88.42 billion new Taiwan dollars (about 2.96 billion U.S. dollars).

----

HO CHI MINH CITY -- VN-Index, the stock market index of Ho Chi Minh (HCM) City bourse in southern Vietnam, closed at 640.75 points on Wednesday, up 4.1 points, or 0.64 percent, against last Friday's closing session (transactions stopped on Monday and Tuesday for National Holiday).

About 204.659 million shares worth 3.575 trillion Vietnamese dong (VND) (168.28 million U.S. dollars) changed hands at the southern HCM City Stock Exchange.

VN30-Index, the new benchmark index for the southern bourse, which tracks the 30 leading stocks by both market capitalization and liquidity, closed at 678.9 points, up 2.08 points, or 0.31 percent.

A total of 86.774 million shares worth 2.033 trillion VND (95. 71 million U.S. dollars) were traded on Wednesday.

----

KUALA LUMPUR -- The Malaysian stock market ended lower here on Wednesday.

The Kuala Lumpur Composite Index (KLCI) was at 1,864.87, down 2. 82 points or 0.15 percent, and the Emas was at 13,001.09, down 1. 30 points or 0.01 percent.

Turnover declined to 3.00 billion shares valued at 2.10 billion ringgitMalaysia(659.75 million U.S. dollars), compared with 2.80 billion shares valued at 2.16 billion ringgitMalaysia(679.54 million U.S. dollars) on Tuesday.

----

JAKARTA -- Indonesian shares closed higher by 22.55 points, or 0.43 percent, to a level of 5,224.14 on Wednesday.

Some 213,422 transactions were booked, involving 8.28 billion shares worth 18.32 trillion rupiah (about 1.56 billion U.S. dollars).

----

DHAKA -- Bangladesh's DSE (Dhaka Stock Exchange) Broad Index closed Wednesday at 4,632.46 points, up 30.02 points or about 0.65 percent from Tuesday's finish.

Among a total of 298 issues traded, 205 registered gains and 67 incurred losses while 26 remained unchanged.

Total turnover decreased to about 5.51 billion taka (about 70. 60 million U.S. dollars) on Wednesday from about 5.52 billion taka (about 70.73 million U.S. dollars) on Tuesday. (Cihan/Xinhua)

CIHAN


For more stories on investments and markets, please see HispanicBusiness' Finance Channel



Source: Cihan News Agency (Turkey)


Story Tools






HispanicBusiness.com Facebook Linkedin Twitter RSS Feed Email Alerts & Newsletters