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Asian Market Roundup Dec 7

Asian Market Roundup Dec 7

Write: Anthony [2011-05-20]

China

Chinese shares closed up Tuesday with the benchmark Shanghai Composite Index up 0.65 percent to close at 2,875.86, up 18.68 points.

The Shenzhen Component Index closed up 1.89 percent, or 234.21 points, to end at 12,657.00.

Hong Kong stocks closed up 190.46 points, or 0.82 percent, at 23,428.15 on Tuesday.

Japan

Tokyo stocks closed slightly lower Tuesday with the key Nikkei index down 0.26 percent.

The benchmark Nikkei 225 Average shed 26.13 points to 10,141.10. The broader Topix index was down 2.31 points, or 0.26 percent, to 879.10.

Australia

The Australian share market has now reached its highest level in almost a month, with resources, financials and consumer staples leading broad-based gains.

The benchmark S&P/ASX 200 closed up 0.8%, while the broader All Ordinaries Index gained 0.8 pct to 4816 points.