08 Mar '11, 4am

#singapore #news Asian stocks open higher: TOKYOJAPANESE shares opened slightly higher on Tuesday, aft... #business

TOKYO Japanese shares closed mixed on Tuesday, with softer oil prices encouraging bargain-hunting after Monday?s losses but fears of further Middle East and North Africa unrest firmly in focus, dealers said. The Nikkei index of the Tokyo Stock Exchange closed 20.17 points higher to 10,525.19. But the Topix index of all first section shares lost 0.26 per cent, or 2.47 points, to 939.16. SHANGHAI On the mainland, the Shanghai Composite Index rose 0.12 per cent, with profit-taking among coal miners and oil producers offset by gains among property stocks. The Shanghai Composite Index, which covers both A and B shares, was up 3.73 points at 2,999.94. HONG KONG Hong Kong shares rose 1.71 per cent on Tuesday as global oil prices showed signs of easing and Shanghai made modest gains. The benchmark Hang Seng Index climbed 398.51 points to 23,711.7. KUALA LUMPUR At 5.00pm on Tuesday...

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

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