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Asian Markets Overview of March 5, 2010

🕔3/5/2010 1:30:53 PM

Friday Asian stocks received a positive lead from Wall Street. US stocks overnight posted a slim gain, supported by better-than-expected retail sales data and analyst upgrades of a batch of blue-chip companies. Yesterday most Asian markets closed lower on renewed worries about China's policy tightening. Hong Kong's Hang Seng Index slid 1.4 per cent, while Shanghai Composite lost 2.4 per cent, with China's banking and property shares dropping sharply. Singapore market was also impacted by China's property bubble concerns, and Straits Times slid 0.5 per cent. Japan's Nikkei 225 was off 1.1 per cent as strong yen hurt exporters.

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Asian Markets Overview of February 11

🕔2/11/2010 1:30:37 PM

Most asian markets were higher on hope of a rescue package for Greece yesterday. Japan's Nikkei index ended up 0.3%, and Hong Kong's Hang Seng Index added 0.7%. Both China's Shanghai Composite and Taiwan's Taiex climbed 1.1%. Japanese market is closed on Thursday for National Foundation Day, while Taiwan market is closed for Pre-Chinese New Year.

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Asian Markets Overview of January 6

🕔1/6/2010 1:30:03 PM

Wall Street shares closed mixed as investors took a breather after the new year's rally and turned cautious ahead of the payroll and employment data due on Friday. Yesterday Asian shares ended mostly higher following the good performance in Wall Street. Hong Kong's Hang Seng Index was 2.1 per cent higher while Shanghai Composite added 1.2 per cent.

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Asian Markets Overview of December 16

🕔12/16/2009 1:30:09 PM

Wall Street broke the four-day run of gains overnight as a higher-than-expected US Producer Price Index in November raised concerns on inflation. Asian markets ended mixed Tuesday. China's Shanghai Composite and Hong Kong's Hang Seng Index fell after China's State Council said it plans to cool the rapidly rising residential property prices in some cities.

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Asian Markets Report of December 11

🕔12/11/2009 1:30:17 PM

Asian stocks mostly Friday moved higher at opening after the strong economic figures from the US boosted investor confidence. Today the focus will be on a series of economic data of China. The nation's key official figures on industrial production, CPI, and retail sales are due out later in the day.

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Asian Market Overview of November 25

🕔11/25/2009 5:13:17 PM

Asian markets were mixed on Wednesday with a flat lead from Wall Street. Tokyo stocks rebounded on upbeat trade figures and bargain hunting after the market opened lower in the morning. Hong Kong and Seoul share declined as investors the U.S. economy did not grow as quickly as previously forecast in the latest quarter.

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Asia Market Overview of November 12

🕔11/12/2009 5:30:03 PM

Asian share markets continue a winning streak on Thursday following the good leads from Wall Street. Japan's Nikkei stock index rose in early trade as exporters were lifted by confidence in global recovery. Korean central bank decided to keep rates unchanged at a record-low 2 per cent.

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