Philippine Shares End At Record High; Telecom Stks&#39; Gain
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MANILA (Dow Jones)--Philippines shares closed at a new 53-month high Monday, lifted by steady investor interest in key blue chips, particularly telecommunications stocks.
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Shares on India's main stock exchange shoot to a record high on signs that a dispute at leading India firm Reliance is coming to an end.
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Get INQ7 breaking news on your Smart mobile phone in the Philippines. Send INQ7 BREAKING to 386. FERNANDO Poe Jr., who died early Tuesday after having a stroke, was one of the Philippines&#39; best known and best
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Asia&#39;s biggest stock exchange finished its final day of trading for 2004 Thursday on a high note, with stocks rallying to cap a year, during which the benchmark gained 7.6 percent on hopes Japan&#39;s economy is on a rebound.
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Taiwan&#39;s shares ended higher Monday, with traditional stocks gaining following the transfer of military leadership in rival China to its president, Hu Jintao, analysts said.
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Philippine shares finished lower Friday for the fourth straight session, led by losses in blue chip Philippine Long Distance Telephone Co.
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Gold hit its highest level in more than 16 years Tuesday as a steadier dollar failed to cool worries over the currency&#39;s outlook, while Asian stocks gained after a solid performance on Wall Street.
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Singapore shares ended higher Wednesday led by selected blue chips, with investors expecting the market rally to continue, traders said.
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TORONTO (CP) - Microcell Telecommunications&#39; buoyant shares hit a new high Thursday amid heightened expectations of a bidding war between Telus Corp.
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Asia&#39;s biggest stock exchange finished its final day of trading for the year on a high note Thursday, with stocks rallying to cap a year during which the benchmark gained nearly 8 percent on hopes Japan&#39;s economy is rebounding.
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Asian stock markets hit record highs as investors see little impact from the earthquake tragedy, but Thailand cuts its growth forecast.
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Chinese stocks rose to a fresh record high Friday as foreign currency shares rebounded from losses the day before.
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An index of Asian stocks outside Japan hit a record high on Tuesday, but losses by energy shares kept Toyko's Nikkei index in check, while the besieged dollar inched higher against the euro.
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Shares in Bulgarian Telecommunications Company jumped 36 per cent to Lev297 yesterday after the government sold its minority stake in an electronic auction on the Sofia bourse.
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Apple&#39;s stock soared to a record high Tuesday amid analyst reports that sales of highly profitable iPhones easily rocketed past 300,000 after its US launch.
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Shares in takeover target National Foods have pushed further ahead on the Australian Stock Exchange. Yesterday, they surged more than 5 per cent higher to $6.25, after Philippine food and drink giant San Miguel
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NEW YORK, May 30 -- The Standard & Poor's 500-stock index hit a record high today, marking the end of a four-year healing period for U.S. stocks battered by the burst of the tech bubble, the collapse of Enron and WorldCom, the Sept. 11 attacks and the wars in Afghanistan and Iraq.