11 Feb '11, 4am

Asian stocks close higher: TOKYOThe Nikkei is closed for trading.SHANGHAIChinese shares closed up 0.33 per cent,...

TOKYO The Nikkei is closed for trading. SHANGHAI Chinese shares closed up 0.33 per cent, reversing earlier losses as property developers rebounded, dealers said. The Shanghai Composite Index, which covers both A and B shares, was up 9.17 points at 2,827.33 on turnover of 127.7 billion yuan (S$25 billion). HONG KONG Hong Kong shares closed 0.53 per cent higher on Friday as dealers moved in to pick up bargains in the afternoon following a four-session losing streak. The benchmark Hang Seng Index rose 120.30 points to 22,828.92 on turnover of HK$89.81 billion (S$15 billion). KUALA LUMPUR At 5.00pm on Friday, there were 206 gainers, 635 losers and 271 counters traded unchanged on the Bursa Malaysia. The FBM-KLCI was at 1,494.52 down 9.47 points, the FBMACE was at 4,506.16 down 4.05 points, and the FBMEmas was at 10,352.81 down 74.70 points. -- AFP, BERNAMA, REUTERS

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