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Asian markets mostly higher on positive global cues
Wednesday, September 5, 2007
Asian markets were mostly higher today, encouraged by a higher close on Wall Street after a long holiday weekend. Hong Kong shares raced to a record high in early trading, but Japanese stocks gave up early gains to retreat on losses in financials such as Sompo Japan Insurance and Mizuho Financial Group.
Japan's Nikkei was down 0.07% or 11.92 points at 16,408.55. Hong Kong's Hang Seng surged 1.30% or 310.60 points at 24,196.67. Taiwan's Taiwan Weighted gained 0.38% or 33.74 points at 8,956.72. Singapore's Straits Times rose 0.61%or 20.56 points at 3,396.62. South Korea's Seoul Composite advanced 0.18% or 3.37 points at 1,878.11.
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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.