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Asian indices trading mixed
Wednesday, August 22, 2007
Asian indices were mixed today, with financials such as Mitsubishi UFJ Financial Group and Mizuho Financial Group leading losses in Japan on continuing global credit concerns, while South Korean shares rose on news that HSBC Holdings PLC is in talks to buy Korea Exchange Bank.
Hong Kong's Hang Seng gained 1.16% or 251.84 points at 21,981.19. Japan's Nikkei declined 0.18% or 29.25 points at 15,872.09. Taiwan's Taiwan Weighted was down 0.50% or 42.01 points at 8,437.07. Singapore's Straits Times rose 0.86% or 27.90 points at 3,256.56. South Korea's Seoul Composite advanced 1.04% or 18.11 points at 1,754.29.
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Investment in equity shares has its own risks. Sincere efforts have been made to present the right investment perspective.The information contained herein is based on analysis and up on sources that we consider reliable. I, however, do not vouch for the accuracy or the completeness thereof. This material is for personal information and I am not responsible for any loss incurred based upon it.& take no responsibility whatsoever for any financial profits or loss which may arise from the recommendations given in this blog.
