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04 July 05: Asian Markets Close Mostly

  • VOA News

Asian stock markets closed mostly higher Monday, with the key market in Tokyo rising on optimism over the strength of the U.S. dollar.

Tokyo's Nikkei index rose a fraction of 1% (21 points), to close at 11,652. The Nikkei rose slightly on Friday.

Hong Kong's key index, the Hang Seng, lost a fraction of 1% (23 points), to finish at 14,178.

Elsewhere, share prices were higher in Bombay, Kuala Lumpur, Seoul, Singapore, Sydney and Wellington. Markets closed lower in Jakarta, Manila, Shanghai and Taipei

The U.S. dollar was quoted at 111.62 yen in Tokyo, up 0.89 yen from late Friday in Tokyo.

The price of gold in Hong Kong fell $9.60 to close at $427.65 cents an ounce.

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