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Indian shares follow Asia down on oil; Karachi up

Indian shares follow Asia down on oil; Karachi up Indian shares fell 1.6 percent on Friday as they tailed the rest of Asia, with investors shaken by the escalating conflict in the Middle East and soaring oil prices trimming their equity exposure. A fear of monetary tightening after the Japanese central bank raised its interest rates for the first time in six years also weighed on sentiment, said traders. The BSEs main index, which is up 1.6 percent for the week, ended 1.7 percent lower at 10,678.22 points, but off the days low of 10,563.76 as long-term global investors bought beaten down blue

Indian shares fall on weak Asia

Indian shares fall on weak Asia Indian shares fell more than 1 percent in early Friday deals on weak Asian markets, as investors digested a three-day rally and refrained from taking long positions ahead of the weekend. At 11:09 a.m. the 30-issue benchmark BSE index was 0.88 percent lower at 11,867.95 points, having traded in a 130-point band. It had rallied 3.6 percent, or 422 points, in the past three days. Sentiment was lacklustre in the broader market, with 644 stocks gaining compared with 1,415 that lost ground. Total volume stood at 57.9 million shares. More : in.today.reuters.com

Asia Roundup: Markets narrowly mixed

Asia Roundup: Markets narrowly mixed Asian stocks closed narrowly mixed yesterday with investors taking to the wings ahead of key economic data due out of the US and possible leads on the future of interest rates. Broadly the mood remained positive with oil prices retreating again in the wake of a ceasefire in Lebanon and the prospect that BP would maintain half of its output in a key Alaskan oil field. TOKYO: Share prices closed mixed, with the key Nikkei index falling slightly on profit-taking following solid gains the previous day. The Nikkei-225 Index fell 40.92 points, or 0.26 per cent, to

Tokyo stocks decline before BoJ; elsewhere mixed

Tokyo stocks decline before BoJ; elsewhere mixed Asian shares ended mixed to lower Tuesday as investors bowed out of equities amid growing apprehension about interest rates before a two-day Bank of Japan rate meeting that starts on Thursday. The Nikkei 225 Average (JP:1804610: news, chart, profile) ended down 0.5% at 15,473.82. Industrials lost ground, while technology issues climbed back from sharp loses at the start. Analysts said the Nikkeis sharp gains in the previous session set the stage for profit taking as traders were unwilling to make big bets ahead of the central bank meeting. The broader Topix index of Tokyo-listed shares

Asia shares mixed in morning trade

Asia shares mixed in morning trade Asian benchmarks were mixed in early trading Wednesday, with Japans Nikkei Average little changed. Tokyos benchmark got some support from Mitsubishi Heavy Industries Ltd. following reports the company has been chosen to develop the countrys first domestically produced passenger jet in a government-subsidized program. The Nikkei 225 Average ended the morning session down 22.10 points, or 0.13% at 16,363.86. The broader Topic index was down fractionally at 1,650.61. Elsewhere around the region, shares in Australia rose 0.1% after the government released figures showing the economy had grown at a slower pace than expected in the second