asian stock market summary september 8 2011

asian stock market summary september 8 2011 ; Asian shares posted modest gains. Japan's Nikkei 225 index rose 0.3% to close at 8,793.12 as a softening yen helped Japan's exporters. By late afternoon London time, the dollar was flat at 77.30 yen.

South Korea's Kospi rose 0.7% to 1,846.64, benefiting from a decision by the country's central bank to leave its benchmark interest rate unchanged for a third month. Higher interest rates generally drag on stocks by making them a potentially less attractive investment.

Hong Kong's Hang Seng fell 0.7% to 19,912.82 as did shares in mainland China — the benchmark Shanghai Composite Index fell 0.7% to 2,498.94 while the Shenzhen Composite Index lost 1% to 1,100.53. For the latest updates PRESS CTR + D or visit Stock Market news Today

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