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Asian markets rebound

AFP, Hong Kung
Bargain hunters moved in on Wednesday to push Asia's stock markets up following two days of heavy selling that had been brought about by fears over the spread of deadly swine flu.
HONG KONG: Up 2.76 percent. The Hang Seng Index closed up 101.81 pointsat 14,956.95.
SYDNEY: Down 0.35 percent. The S&P/ASX200 index dipped 13.1 points to 3,695.3.
City Index markets strategist Alex Douglas said the market remained nervous about the potential impact of swine flu but the major negative during the session was ANZ's disappointing interim result.
SHANGHAI: Up 2.78 percent. The Shanghai Composite Index, which covers A and B shares, was up 66.75 points at 2,468.19.
TAIPEI: Up 0.31 percent. The weighted index rose 17.33 points to 5,614.06.
SEOUL: Up 2.94 percent. The KOSP1 ended up 38.18 pointsat 1,338 42.
SINGAPORE: Up 2.28 percent. The blue-chip Straits Times Index closed 4 1.16 points higher at 1,849.57.
KUALA LUMPUR: Up 0.18 percent. The Kuala Lumpur Composite Index gained 1.76 points to 967.46.
"The pullback in share prices over the last two days helped to correct the mar
ket's overbought condition," a dealer said.
JAKARTA: Up 3.00 per cent. The Jakarta Composite Index gained 48.28 points to 1,644.19.
BANGKOK: Up 2.28 per cent. The Stock Exchange of Thailand (SET) composite index rose 10.78 points to close at 483.50.
MANILA: Down 0.12 percent. The composite index closed 2.45 points lower at 2,061.05.
WELLINGTON: Up 0.49 percent. The NZX-50 index rose 13.27 points to 2,699.71.
Air New Zealand fell two cents to 1.07 dollars.
MUMBAI: Up 3.65 percent. The 30 share Sensex rose 401.5 points to 11,403.25, a near six month high.