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24 August 05: Asian Stock Prices Close Mostly Lower

  • VOA News

Most Asian stock markets closed lower Wednesday, but Tokyo's hit a four-year high. Tokyo's Nikkei index gained 29 points to finish at 12,502.

On Tuesday the market rose 20 points. Hong Kong's Hang Seng index lost 100 points to end at 14,874. The Hang Seng lost more than one-and-a-half percent (245 points) on Monday.

In the region's other big market, Singapore, the Straits Times index lost 11 points to close at 2,278.

Elsewhere, share prices were higher in Bangkok, Kuala Lumpur and Shanghai.

Markets were lower in Bombay, Jakarta, Manila, Seoul, Sydney, Taipei and Wellington. In late afternoon Tokyo currency trading, the dollar was selling at 110.69 yen, up 0.81 yen from the same time Tuesday.

In Hong Kong, the price of gold fell $2.20 to close at $437.95 an ounce.

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