Friday, October 27, 2006

Nightly Asian Markey Update:

Asian stocks were mixed in early trading Friday, with Hong Kong's blue-chip Hang Seng Index setting a record intraday high while Japan's Nikkei Average edged lower on weakness in blue-chip financial Mitsubishi UFJ, although gains in Honda Motor Corp. Nissan Motors and electronics giant Sony Corp. helped to cushion broader losses.
The Hang Seng, lifted mainly by gains in China Mobile , was up as much as 0.4% to 18,425.34, surpassing its previous intraday record of 18,397 set on March 28, 2000. China Mobile, the second-biggest Hong Kong blue-chip, rose as much as 1%.

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