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Thursday, December 06, 2007

Markets Open In Green - Indian Commentary []

Markets Open In Green - Indian Commentary []
Wednesday, Indian shares opened higher despite weak cues from global markets. At 10:03 a.m. IST, the Sensex was up 96 points at 19,626 and the broader Nifty was adding 27 points to 5,885.

New Zealand Stocks Trade In Negative Terrain []
Thursday, Wellington stocks opened in the green on the back of a positive Wall Street lead, but later slipped into negative terrain. The benchmark NZX 50 Index was losing 13.33 points or 0.33% to 4,021.21, while the NZX All Capital Index was declining 9.56 points or 0.23% to 4,079.16.

Australian Market Closes Lower On Wall Street Losses, Lower Base Metals []
Wednesday, Sydney shares closed lower, but off day's lows, on the back of a negative lead from Wall Street and lower base metal prices. However, merger and acquisition activity provided some degree of support to the market.

Kiwi Mixed In Action Versus Euro [EUR/NZD]
Versus the euro on Thursday, the New Zealand currency saw mixed action. The currency fell sharply past 1.8950 in the early hours, but started to recover around midday to move at 1.8941. The currencies traded as the European Central Bank maintained its key interest rate at a six-year high of 4%.

Markets Likely To Open Lower Tracking Weak Global Cues - Indian Commentary []
Global cues are pointing towards a lower opening for the Indian market on Wednesday. The major U.S. averages closed lower overnight and the stock markets across the Asia-Pacific region are trading weak on Wednesday. Crude prices continue to remain firm around the US$89 a barrel mark.

Hang Seng To Test 30,000 Points []
The Hong Kong stock market has finished higher now in six straight sessions as it marches inexorably back to the 30,000-point plateau - and investors think the Hang Seng Index could reach that goal as early as Thursday.

Amended: China Stocks Close Sharply Higher As PetroChina Rebounds []
Amended: In the earlier version of the article, in the headline it was written 'Shaply' instead of 'Sharply'. The error has been corrected.

South Korean Shares Advance []
Thursday, Seoul stocks opened higher as investors garnered tech and other large cap stocks. The benchmark Korea Composite Stock Price Index or KOSPI climbed 24.37 points or 1.26% to 1,962.65.

Most Asian Markets Gain On Overnight Wall Street Rally- Asian Commentary []
Stock markets in Asia-Pacific region generally closed higher on Thursday, as investor sentiment lifted on a overnight Wall Street surge.

Gain Called For Singapore Stocks []
The Singapore stock market has stretched its winning streak to five sessions, and investors like their chances at a sixth straight positive day when the Straits Times Index opens for business on Thursday.

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