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Industrial Output Grows 0.9% |
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Author: Elena Todorova
123jump.com
Last Update: 9:32 AM EST November 17 2005
Asian-Pacific benchmarks closed broadly higher, led by the Nikkei which rose 1.7%, hitting a fresh four-year high of 14,411,79. Seoul''''s Kospi also reached an all-time high of 1,272,80. European stocks gained at mid-day on mergers and commodities. In U.S. corporate news, Applied Materials posted Q3 46% profit drop but beat estimates by a penny. Oil producer ConocoPhillips was downgraded by J.P. Morgan to neutral from overweight. |
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