Nikkei: 10,518.98 (+16.12) Hang Seng: 24,153.98 (-2.99) Shanghai Comp: 2,708.98 (+2.32):JAPAN'S NIKKEI average received a boost from property and banking shares to edge higher yesterday.
But investors waited to see Wall Street’s reaction to news that Apple chief executive Steve Jobs was again taking medical leave.
Foster Electric, which makes headphones for smartphones, shed 1.3 per cent after outperforming the Nikkei’s 15 per cent rally and surging some 40 per cent since the start of November.
Kimoto, a maker of hard-coat film for touch panels, was 1.8 per cent lower at ¥844, while Murata Manufacturing, the world’s biggest producer of ceramic capacitors, which are tiny devices used in smartphones, shed 0.2 per cent to ¥6,000.
Analysts said the news could have a huge impact on share moves because Apple, with its market capitalisation roughly 10 times that of Sony, accounts for some 7 per cent of the Nasdaq Composite’s market cap.
Hong Kong’s Hang Seng was little changed. The biggest gain on the Hang Seng Composite Index was billionaire Stanley Ho’s SJM Holdings.
It advanced 4.1 per cent to HK$14.30. – (Reuters/Bloomberg)
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