Asian markets rise

Published September 22, 2012

HONG KONG, Sept 21: Asian markets rose on Friday, rebounding from the previous day’s losses, as stimulus moves by the central banks of the United States, Europe and Japan outweighed another round of weak economic data.

Tokyo rose 0.25 per cent, or 23.02 points, to 9,110.00, Seoul advanced 0.60 per cent, or 12.04 points, to 2,002.37, and Sydney added 0.25 per cent, or 11.1 points, to 4,408.3.

Hong Kong was 0.70 per cent higher, adding 144.02 points to end at 20,734.94 and Shanghai added 0.09 per cent, or 1.85 points, to 2,206.69.

Singapore climbed 0.51 per cent, or 15.62 points, to 3,078.23.

Jakarta added 0.64 per cent, or 27.11 points, to 4,244.62.

Semen Gresik gained 1.06 per cent to 14,250 rupiah, Astra International rose 2.07 per cent to 7,400 rupiah and Gudang Garam lost 1.36 per cent to 47,250 rupiah.

Kuala Lumpur eased 0.12 per cent, or 1.89 points, to 1,623.70.

PPB Group lost 1.3 per cent to 12 ringgit while British American Tobacco tumbled 1.6 per cent to 61.20 ringgit. AirAsia rose 1.7 per cent to close at 2.95 ringgit.

Bangkok was 0.28 per cent, or 3.58 points, higher at 1,286.26. Coal producer Banpu dropped 8.60 per cent to 404.00 baht, while cement maker SCCC lost 2.42 per cent to 363.00 baht.

Mumbai rose 2.2 per cent, or 403.58 points, to 18,752.83. Bharat Heavy Electricals rose 2.77 per cent to 22.85 rupees.—AFP

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