Market Updates

Upbeat Asia

Ivaylo
03 May, 2006
New York City

    South Korea advanced at mid-day on positive earnings news, lifting financial stocks performance. Seoul

[R]7.00 AM Hong Kong and Singapore Lead Markets up.[/R]
Asian markets finished higher. South Korea’s Kospi advanced 1.2% to 1451.53 at midday on strong banking news from Kookmin Bank, which hit an all-time high before ending the day 0.8% lower. Kospi finished flat at 1435.17. Hyundai ended 1.23% lower despite 2.5% sales growth. Hong Kong’s Hang Seng closed higher. Hong Kong-listed China shares, finished up 1.32% to 7,100.88. HSBC Holdings advanced as much as 1.3%, after hitting record highs earlier in the session. China Unicom rose 5.6% to a two-year high. Blue-chip property developer Sino Land advanced 4.9%.
In Taiwan, shares finished at a new five-and-a-half-year high following the rise of food, paper, cement and construction shares. Australia''s All Ordinaries index also closed flat, edging 0.02% down to 5,221.6, after the central bank announced its was raising interest rates 25 basis points to 5.75%. Crude oil for June delivery advanced 30 cents to $74.91 a barrel in Asian trading.Hong Kong blue-chip Hang Lung Properties rose 2%, China’s PetroChina, the country’s biggest petroleum company advanced 2.3% on energy prices. The yen advanced slightly against the dollar to 113.47 yen vs. dollar, up from 113.26 yen vs. dollar on Tuesday.

Annual Returns

Company Ticker 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008

Earnings

Company Ticker 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008