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May 27, 2012 02:17AM GMT
     
 
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Gains in Asia

By   |  Financial News  |  Jul 06, 2011 10:47AM GMT  |  Add a Comment
 

Although the worries about China and Europe's debt crisis persist, the Asian stock markets managed to rise after the Korean company Hyundai Heavy Industries Co. ruled out a bidding Hynix. The MSCI Asia Pacific Index rose by 0.6% to 137.78 at 15:34 in Tokyo after commodities inclines.

Nikkei 225

Nikkei 225 rose today by 1.10% or 110.02 points closing at 10082.48. From 225 shares, 181 advanced, 26 declined and 18 unchanged. Sectors leading the incline were the industrials that gained 36.17 points and consumer goods that gained 23.28 points.

Among the shares that advanced Fanuc Corp topped the list by rising 1.93% closing at 14250 yen, followed by Fast Retailing Co Ltd which rose by 1.72% and closing at 12990 yen. And Softbank Corp which rose by 1.61% and closing at 3160 yen.

Lagging shares today were Credit Saison Co Ltd which fell by 1.43% closing at 1377 yen, second was Takeda Pharmaceutical Co Ltd which fell by 0.40% closing at 3760 yen. And NGK Insulators Ltd which fell by 0.47% closing at 1493 yen.

S&P/ASX 200

The S&P/ASX 200 rose today by 0.15% or 6.90 points closing at 4605.00. From 200 companies, 48 shares ended green, 134 ended in red and 18 unchanged. Sectors leading the incline were basic materials that gained 9.85 points and the industrials that gained 0.50 points.

Murchison Metals Ltd inclined the most today as it rose 14.78% closing at 0.66 Australian dollars, followed by Gryphon Minerals Ltd surging 10.67% closing at 1.97 Australian dollars, and Onesteel Ltd that surged by 6.22% closing at 2.05 Australian dollars.

Lagging shares today included Adelaide Brighton Ltd that retreated 3.55% closing at 2.99 Australian dollars, trailed by Seven Group Holdings Ltd loosing 3.30% closing at 9.38 dollars. And Australand Property Group falling 3.14% closing at 2.78 Australian dollars.

Hang Seng

Hang Seng fell today by 1.01% or 230.40 points to close at 22517.55. From 45 companies, 8 rose today, while 37 fell, and 1 unchanged. Sectors leading the decline were the financials that lost 182.02 points and basic materials that lost 11.69 points.

Lagging shares today were China Construction Bank Corp which fell 3.24% closing at 6.27 Hong Kong dollars, and Industrial & Commercial Bank of China  falling by 2.53% closing at 5.78 Hong Kong dollars. Bank of China Ltd falling by 3.63% closing at 3.72 Hong Kong dollars.

The shares that advanced were China Resources Enterprise Ltd topped the list by rising 2.21% closing at 32.40 Hong Kong dollars, followed Hengan International Group Co Ltd that rose by 1.40% closing at 72.55 Hong Kong dollars. And Power Assets Holdings Ltd that rose by 0.96% closing at 57.90 Hong Kong dollars.


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