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July 14, 2009
Asian stocks mixed

TOKYO

JAPANESE share prices closed up 2.34 per cent on Tuesday, snapping a nine-day losing streak after a powerful rally on Wall Street led by a rebound by battered financial stocks.

The benchmark Nikkei-225 index rose 211.48 points to 9,261.81. The broader Topix index of all first section shares climbed 16.15 points, or 1.89 per cent, to 868.57.

KUALA LUMPUR

Malaysian shares closed up 1.5 per cent Tuesday following gains on Wall Street, dealers said.

The Kuala Lumpur Composite Index gained 15.97 points to 1,079.63.

HONG KONG

Hong Kong share prices closed 2.56 per cent down at a seven-week low on Monday, on declines in regional markets and concerns about weak corporate earnings, dealers said.

The benchmark Hang Seng Index ended down 453.79 points at 17,254.63, the index's lowest close since it hit 16,991 on May 26. Turnover was 52.55 billion Hong Kong dollars (S$9.8 billion).

SHANGHAI

Chinese shares closed up 2.10 per cent on Tuesday led by financial companies after Haitong Securities posted stronger-than-expected first half earnings, dealers said.

The Shanghai Composite Index, which covers A and B shares, was up 64.60 points to 3,145.16 on turnover of 178.3 billion yuan (S$38.06 billion).

The Shanghai A-share index rose 67.88 points, or 2.10 per cent, to close at 3,301.70 on turnover of 177.8 billion yuan, while the Shenzhen A-share index gained 23.10 points, or 2.10 per cent, to 1,123.76 on turnover of 97.6 billion yuan. -- AFP, BERNAMA

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