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Global Cues
Friday, August 3, 2007
Asian markets trading firm due to positive Wall Street cues
Asian indices climbed early today, reacting to a US rally, with Japanese stocks advancing on exporters such as Sony Corp., while banking major Mizuho Financial Group rose after two days of heavy losses following its earnings report. Hong Kong's Hang Seng surged 0.54% or 121.63 points at 22,564.88. Taiwan's Taiwan Weighted gained 1.20% or 107.66 points at 9,058.23.
Japan's Nikkei was up 0.14% or 24.56 points at 17,008.67. South Korea's Seoul Composite rose 0.75% or 13.82 points at 1,866.89. However, Singapore's Straits Times was down 0.14% or 4.87 points at 3,430.59.
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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.
