Thursday, June 21, 2007

Asian Stocks Rise on Higher Chip Prices, Japan Exports; Samsung Leads Gain

(Bloomberg) -- Asian stocks advanced for a sixth day,
the longest winning streak in almost eight months, after prices of
computer-memory chips jumped and a report today showed Japan's
export growth almost doubled in May.

Samsung Electronics Co. and Toshiba Corp. paced technology
shares higher, helping the Morgan Stanley Capital International
Asia Pacific Index to a record. China Mobile Ltd. led Hong Kong's
Hang Seng Index to a new high after the Chinese government gave
its approval for mainland brokerages to buy shares overseas.


Read more at Bloomberg Stocks News

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