Asian indexes declined, as profit taking on financial, real-estate and exporter shares following Wall Street's overnight decline reversed a week of record highs. HK opened weak and was down over 600 points at one stage. However, bargain hunting crawled back some of the losses to close down 294 at 28,838.
The one bright spot was the newly listed share which closed at $14.24 (high $14.90)on the IPO price of $6.50.
Top 5 IPO debuts in 2007
119.08%: Xinxing Mining 12 Oct 2007
97.74%: China High Speed Transmission Equipment 4 Jul 2007
81.76%: Tiangong International 26 Jul 2007
78.95: Emperor capital 24 Apr 2007
77.45%: Hildili Industry 21 Sep 2007
Market Indices
Australia All Ordinaries 6760.10 - 0.29%
Bombay Sensex* 18377.02 - 2.30%
Hong Kong Hang Seng 28838.37 - 1.01%
Japan Nikkei 17331.17 - 0.73%
Shanghai Composite 5903.26 - 0.17%
Singapore STI 3857.25 - 0.48%
South Korea Composite 2026.44 - 1.57%
Taiwan Weighted 9496.47 - 2.07%
*Intraday Trading
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment