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Asian Market Roundup:December 1
POSTED: 9:58 a.m. EDT, December 4,2006

China

The Chinese stock markets closed up on Friday.

The benchmark Shanghai Composite Index climbed 2.76 points, or 0.13 pct to close at 2102.049, While the Shenzhen Stock Index rose 81.068 points, or 1.43 pct, to end the day at 5748.063.

Hong Kong stocks dropped 269.66 points, or 1.42 percent, to close at 18,690.82 on Friday.

Japan

Share prices closed higher, led by the futures markets, with the benign consumer price data for October alleviating concerns the Bank of Japan may still raise interest rates within the year, dealers said.

The Nikkei 225 Stock Average closed up 47.45 points or 0.29 pct at 16,321.78, off the day's high of 16,376.30. For the week, the index surged 3.7 pct.

Australian

The S&P/ASX 200 lost 54.2 points or 0.99 pct to the unofficial close of 5,427.9, once again retreating from the record close of 5,491.6 set on Nov 7.

The All Ordinaries Index shed 46.4 points to end at an unofficial close of 5,415.2, down from yesterday's record high of 5,461.6.

From: CRIENGLISH
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