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27 July 05: Asian Stock Prices Close Mostly Higher


Asian stock markets closed mostly higher Wednesday with Australia and New Zealand setting record highs.

Tokyo's Nikkei index gained 97 points to finish at 11,835. On Tuesday the Nikkei lost 25 points. Hong Kong's Hang Seng index rose 32 points to end at 14,802.

The Hang Seng lost 24 points on Tuesday. In the region's other big market, Singapore, the Straits Time index rose 12 points to close at 2,334.

Elsewhere, share prices were higher in Bangkok, Bombay, Jakarta, Manila, Seoul, Shanghai, Sydney and Wellington.

Markets were lower in Kuala Lumpur and Taipei.

In late afternoon Tokyo currency trading, the dollar was selling at 112.70 yen, up 0.81 yen from the same time Tuesday.

In Hong Kong, the price of gold fell $1.80 to close at $423.25 an ounce.

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