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Xinhua summary of Asia-Pacific stocks news at 1100 GMT, Dec. 10

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(Globalpost/GlobalPost)

Xinhua summary of Asia-Pacific stocks news at 1100 GMT, Dec. 10

WELLINGTON -- New Zealand shares fell as a brokerage put a sell rating on Fonterra Shareholders' Fund ahead of what's expected to be a hike to its forecast milk payment on Wednesday.

The sharemarket closed 0.3 percent lower on Wednesday with the benchmark NZX-50 index fell 11.8 points to 4706.51 and a turnover of 133 million NZ dollars (110.26 million U.S. dollars).

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SEOUL -- Seoul shares ended lower on Tuesday.

The benchmark Korea Composite Stock Price Index (KOSPI) fell 6. 93 points, or 0.35 percent, to close at 1,993.45. Trading volume stood at 195.87 million shares worth 2.94 trillion won (2.8 billion U.S. dollars).

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TOKYO -- Tokyo stocks were narrowly mixed Tuesday, pressured by selling to lock in gains after the index's biggest one-day gain in three months the previous trading day. The 225-issue Nikkei Stock Average ended down 38.90 points, or 0.25 percent, from Monday at 15,611.31.

The turnover was 1951.3 billion yen (about 18.89 billion U.S. dollars).

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TAIPEI -- Taiwan's share prices closed down Tuesday with 1.23 points, or 0.01 percent, to close at 8,443.39, according to news reaching here from Taipei.

Turnover totaled 71.94 billion new Taiwan dollars (2.43 billion U.S. dollars).

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MANILA -- Philippine shares closed 2.04 percent lower on Tuesday. The benchmark Philippine Stock Exchange index dropped by 122.54 points to 5,886.40. The all-share index also went down by 68.22 points, or 1.85 percent, to 3,612.58.

Trading volume reached 633.93 million shares worth 7 billion pesos (159.06 million U.S. dollars).

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HONG KONG -- Hong Kong stocks closed down 66.98 points, or 0.28 percent, at 23,744.19 on Tuesday.

Turnover totaled 52.11 billion HK dollars, compared to Monday's 53.99 billion HK dollars (1 U.S. dollar equals 7.75 HK dollars).

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SHANGHAI -- China's benchmark Shanghai Composite Index on the Shanghai Stock Exchange closed at 2,237.49 points on Tuesday, down 0.71 points, or 0.03 percent.

Total turnover was 95.56 billion yuan (15.64 billion U.S. dollars).

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SHENZHEN -- The Shenzhen Component Index on the Shenzhen Stock Exchange closed at 8,554.17 points on Tuesday, up 34.50 points, or 0.40 percent.

Total turnover was 103.29 billion yuan (16.90 billion U.S. dollars).

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HANOI -- Vietnam's national stock market index, VN-Index, closed at 511.6 points on Tuesday, up 0.37 points,or 0.07 percent against the previous trading day's closing session.

A total of about 80.981 million shares worth 1.039 trillion Vietnamese dong (VND) (49.24 million U.S. dollars) changed hands at the southern Ho Chi Minh City Stock Exchange. Prices of 84 stocks went up, 127 stocks fell down, while 92 stocks remained unchanged.

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SINGAPORE -- Singapore stocks finished lower on Tuesday, with the benchmark Straits Times Index (STI) down 31.92 point, or 1.03 percent, to close at 3,081.72.

A total of 1.82 billion shares changed hands with turnover of 1. 38 billion Singapore dollars (1.1 billion U.S. dollars).

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KUALA LUMPUR -- The Malaysian stock market ended higher here on Tuesday. The Kuala Lumpur Composite Index (KLCI) was at 1,843.85, up 1.98 points or 0.11 percent, and the Emas was at 12,731.72, up 9.25 points or 0.07 percent.

Turnover increased to 1.40 billion shares valued at 2.01 billion ringgit Malaysia (626.27 million U.S. dollars), compared with 1.14 billion shares valued at 1.46 billion ringgit Malaysia ( 454.67 million U.S. dollars) on Monday.

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DHAKA -- Bangladesh's DSE (Dhaka Stock Exchange) BROAD INDEX closed Tuesday at 4,329.54 points, up 39.72 points or about 0.93 percent from Monday's finish.

Total turnover increased to about 7.46 billion taka (about 95. 65 million U.S. dollars) on Tuesday from about 6.47 billion taka ( about 83 million U.S. dollars) on Monday.

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MUMBAI -- Indian stocks closed lower on Monday with the Bombay Stock Exchange benchmark index Sensex ending at 21, 255.26, down 71.16 points or 0.33 per cent. It touched a high of 21,327.75 and a low of 21,175.08 in trade.

Tracking the momentum, the 50-share Nifty index also slipped below its crucial psychological support level of 6,350 in trade, led by losses in power, banks, capital goods and realty.

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