18 Feb '11, 4am

#singapore #news Asian stocks mixed at midday: TOKYOJAPANESE shares ended Friday morning flat with buy... #business

TOKYO JAPANESE shares ended Friday morning flat with buying by foreign investors offset by profit-taking after the Nikkei index advanced to the highest level in more than nine months, brokers said. The headline Nikkei index at the Tokyo Stock Exchange crept 0.02 per cent, or 2.55 points, higher to 10,839.19 by the break, after closing at its highest level since April 30 on Thursday. SHANGHAI The Shanghai Composite Index had fallen 0.9 per cent to 2,900.91 by midday on Friday on what analysts said was a technical correction following hefty gains over the past few days. The weakness was led by large caps such as banks and oil companies, pulling the benchmark off a two-month high. HONG KONG Hong Kong shares rose 1.04 percent by the break on Friday, buoyed by banking giant HSBC. The benchmark Hang Seng Index advanced 241.61 points to 23,543.45. KUALA LUMPUR At 12.30pm on Frida...

Full article: http://www.straitstimes.com/BreakingNews/Money/Story/STIS...

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