29 May, 2009
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Asian markets were mixed Thursday as overnight falls on Wall Street weighed down sentiment on several markets, but Tokyo ended up slightly thanks to a weaker yen.

TOKYO: Up 0.13 percent. The Nikkei-225 edged up 12.62 points to 9,451.39.

Financials were weak following falls on Wall Street, but auto-related shares gained on news of the looming bankruptcy of US auto giant General Motors, which dealers said could offer Japanese car makers a chance at increased market share.

HONG KONG: Closed for public holiday.

SYDNEY: Down 1.19 percent. The S&P/ASX 200 shed 45.4 points to 3,755.7.

"The Australian share market finished sharply lower today following bearish overseas leads," said IG Markets analyst Ben Potter.

Financial stocks led the market broadly lower, with ANZ Banking Group down 1.22 percent to 15.38 after coming out of a trading halt related to a 2.22 billion-US-dollar capital raising.

SHANGHAI: Closed for public holiday.

TAIPEI: Closed for public holiday.

SEOUL: Up 2.21 percent. The KOSPI rose 30.15 points to 1,392.17.

"Market volatility has increased, torn between the geopolitical uncertainty and ongoing expectations for an economic recovery," Kwak Joong-Bo of Hana Daetoo Securities told Dow Jones Newswires.

Samsung Electronics rose 4.5 to 559,000 won and LG Electronics climbed 5.9 percent to 119,500.

SINGAPORE: Down 0.57 percent. The Straits Times Index (STI) fell 13.11 points to 2,292.97.

Banking shares were lower, with DBS slipping 20 cents to 11.60, United Overseas Bank shedding 18 cents to 14.32 and Oversea-Chinese Banking Corp inching down two cents to 7.18.

KUALA LUMPUR: Down 0.61 percent. The Kuala Lumpur Composite Index lost 6.44 points to 1,041.24.

BANGKOK: Flat. The Stock Exchange of Thailand composite index edged up 0.02 points to close at 555.43.

JAKARTA: Up 0.53 percent. The Jakarta Composite Index gained 10.03 points to 1,902.87.

MANILA: Down 0.08 percent. The composite index fell 2.01 points to 2,354.37.

WELLINGTON: Down 1.72 percent. The NZX-50 fell 47.53 points to 2,721.98.

The government's budget announced Thursday held few surprises for investors and had little impact, Hamilton, Hindin, Greene director Grant Williamson said.

MUMBAI: Up 1.32 percent. The Sensex rose 186.37 points to 14,296.01.


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