Asian stocks closed mostly higher Thursday

SYDNEY: Australian share prices closed up 0.5 percent at a record high for the fourth straight day Thursday as overseas investors bought leading resources stocks, dealers said. The S&P/ASX 200 closed up 33.6 points at 6,771.9 points.

SINGAPORE: Share prices closed 1.6 percent higher with the benchmark returning to record highs on blue-chip buying amid strong economic growth. The Straits Times Index closed up 61.32 points at 3,875.77.

KUALA LUMPUR: Malaysian share prices closed 0.5 percent higher due to late buying of blue chips ahead of the Muslim festival of Eid. The Kuala Lumpur Composite Index closed up 6.68 points to 1,383.61.

BANGKOK: Thai share prices closed 1.60 percent higher for a fourth consecutive day of gains on strong trading volume as foreign funds continued flowing into Asian stocks. The composite index gained 13.96 points to 889.06 on turnover of 3.0 billion shares worth 33.9 billion baht (US$992 million). Analysts said the index was at its highest since mid-December 1996.

JAKARTA: Jakarta share prices closed 1.8 percent higher, with the main index extending its rally for a sixth straight day and finishing at a record high. The composite index closed up 46.73 points at 2,638.21.

MANILA: Philippine share prices closed 0.3 percent lower on profit taking. The composite index shed 10.51 points at 3,824.20.

WELLINGTON: New Zealand share prices closed 0.39 percent higher but many investors stayed on the sidelines in light trading. The NZX-50 index rose 16.82 points to 4,296.61.

MUMBAI: Indian share prices rose 0.84 percent in choppy trade hitting a new record close, despite unsurprising second quarter earnings growth from Indian software exporter Infosys. The Sensex index rose 155.82 points to 18,814.07.

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