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Asian stock markets close higher
HONG KONG. Oct 17 Asian stock markets closed generally higher Monday, but both share prices and the US dollar fell In Japan, reports AP.
Tokyo's 225-issue Nikkei Stock Average fell 1 1.00 points, or 0.05 per cent, to 19 958.29. The Nikkei fell 179.54 points, or 0.89 per cent, closing at 19.969 29 on Friday.
The Tokyo Stock Price Index of all Issues listed on the first section was down 6.62 points, or 0.42 per cent, to 1.586.4& On Friday, the TOPIX finished down 13.08 points, or 0.81 per cent, to 1 893 08
Share pries slumped in Hong Kong on profit taking
The Hang Seng Index the market's key indicator ol blue chips, fell 94.99 points, or 1 0 per cent to 9.455 94 On Friday the index had gained 18 points
Brokers attributed the slump to profit-taking follow ing gains In the previous two sessions.
WELLINGTON: New Zealand share prices closed mixed in light trading with iwokers | saying the market was awaiting some direr non (rom major ' overseas markets The NZSE
40 apita) Index rose 13 10 [xilnts to 2.066 38
' TAIPEI Si,are prices eloped | higher for the second eonwr i
live sesaion. The market's Weighted Jndex rose 35.77 to 6.731.23 after Saturday s 127-point gain.
MANILA: Share prices closed higher boosted by heavy overseas buying of prop erty and blue chip issues. The Philippines new PSE index of 43 selected stocks rose 50 21 poihts to 3.050 14
SEOUL: Share prices losed higher on continued bullish sentiment, with the key index rising to a new all-time high The Korea Composite Stock Price Index rose 13 39 points to 1.109.87
SYDNEY: Australian share prices closed higher despite a late sell-off prompted by falling share [rice index futures The All Ordinaries index rose 8.2 points to 2.014 2
SINGAPORE: Share prices closed higher In quiet trading The 30-share Straits Times Industrials Index rose 10.27 points to 2.387.57.
BANGKOK: Thai share prices closed higher on strong foreign buying. The Stock Exchange of Tnalland fndex rose 10.92 points to 1.509.47
KUALA LUMPUR: Malavslan share prices closed lower after profit taking eroded earlier gains The KLSE Composite Index fell 2.33 points to 1.126 12
JAKARTA- The exchanges £omposlte Index rose 0 999 points to 511 37