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Friday, July 10, 2009

Asian stocks open in positive


Asian mining and technology stocks gained after commodity prices rose and Tokyo Electron said orders surged last quarter.

Tokyo Electron jumped almost 4% after saying that orders nearly doubled last quarter.

Japanese benchmark index Nikkei rose 7.55 points, or 0.08%, to trade at 9,298.61.

Hong Kong`s Hang Seng index gained 9.46 points, or 0.05%, to trade at 17,800.05.

China`s Shanghai Composite advanced 2.18 points, or 0.07% to trade at 3,125.22.

Taiwan`s Taiex index climbed 30.21points, or 0.45%, to trade at 6,778.39.

South Korea`s Kospi index fell 7.76 points, or 0.54%, to trade at 1,423.13.

Singapore`s Straits Times increased 1.63 points, or 0.07%, to trade at 2,309.24. (7.40 a.m., IST)