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Archive for  February 2005

  • Seoul shares dipped 1.1 percent on Tuesday, snapping a six-day winning streak, as investors worried about the impact of a soaring won currency on the earnings of exporters such as Samsung Electronics and Hynix Semiconductor.

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    • News Desk
    • Feb 23rd, 2005
    • Comments Off on Taiwan stocks sag as tech shares weaken

    Taiwan stocks closed down 0.58 percent on Tuesday as cautious investors pocketed profits from big tech names like UMC that had helped the index nudge closer to levels not seen in more than 9 months.

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    • News Desk
    • Feb 23rd, 2005
    • Comments Off on Tokyo stocks close lower, Citizen Watch tumbles

    Tokyo's Nikkei share average closed down 0.46 percent on Tuesday, dragged lower by Citizen Watch Co after the precision equipment maker cut its earnings estimate for the year. Tokyo Steel Manufacturing Co fell after the

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  • New Zealand share prices closed 0.70 percent lower on Tuesday as the market retreated on profit taking despite the lead of results from seven top stocks, dealers said. The benchmark NZSX-50 Gross Index lost 22.18

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  • Indonesian share prices closed 0.56 percent higher on Tuesday to another record on gains in second and third liner stocks and select blue chips, dealers said. The Jakarta Stock Exchange composite index closed up 6.135

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  • Shares of India's largest commercial bank, State Bank of India, surged 3 percent after the government eased banking sector regulations on Tuesday, helping the benchmark Mumbai index snap a five-day losing streak. The Mumbai Stock

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  • Shares of India's largest commercial bank, State Bank of India, surged 3 percent after the government eased banking sector regulations on Tuesday, helping the benchmark Mumbai index snap a five-day losing streak. The Mumbai Stock

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  • Malaysian share prices closed flat on Tuesday in sluggish trade in the absence of market stimulating news, dealers said. They said many institutional funds remained on the sidelines to gauge the extent of an anticipated

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  • Philippines share prices closed 1.5 percent lower on Tuesday as a technical correction went into a third day following the market's recent five-year highs, dealers said. They welcomed the correction which brought the composite index

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    • News Desk
    • Feb 23rd, 2005
    • Comments Off on Singapore shares finish with slight losses

    Singapore shares prices closed 0.91 percent lower on Tuesday as the market consolidated amid a lack of leads, dealers said. The Straits Times Index fell 19.65 points to 2,146.73, while the broader All-Singapore Equities Index

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