Daytrading, Eminis, Forex trading, Swing Trading Market Analysis - 493094

The Singapore, Chinese and South Korean bourses ended the day lower. Japan's key Nikkei index rose 0.65% to close at 16,371.

28. Investors focused on domestic and utility issues, switching from export-related stocks amid fears upon a global economic slowdown and on a possibility for further weakening of the US dollar. Lower oil prices and a weaker dollar lifted rubber stocks.

Bridgestone jumped 3.4%, after the company said it plans to acquire U.S.

tire company Bandag. Sumitomo Rubber Industries increased 2.1%.

Australia's chief S P/ASX 200 index climbed 0.74% to settle at 5,466.7, tracking overnight Wall Street gains and renewed takeover activity in the media sector.

The All Ordinaries Index gained 0.76% to end at 5,453.6, inching closer to the all time record high of 5,461.

6 set on November 29. In the resources sector, Rio Tinto and Woodside Petroleum spurted almost 2% each, while BHP Billiton and Alumina rose more than 1% each. Oil Search surged nearly 3%.

Santos and Oxiana advanced over half a percent each. Media stock PBL increased over a percent. Rural Press jumped more than 14% after newspaper group John Fairfax Holdings, made a recommended offer for Rural Press in a deal worth up to A$2.

87 billion. However, Fairfax ended in the red. South Korea's weighted KOSPI declined 0.

48% to finish at 1,413.73 after exporters took a beating on the won's strength against the dollar. The won ended at 916.

40 won, the highest value since October 22, 1997, when it closed at 915.1 won to the dollar, up 7.90 won from Tuesday's close.

Tech major Samsung Electronics dropped 0.5%, while chipmaker Hynix Semiconductor retreated about half a percent. LG Philips LCD and LG Electronics also ended lower.

Among shipbuilders, Hyundai Heavy Industries and Daewoo Shipbuilding Marine Engineering plunged about 3% each. Leading automaker Hyundai Motor fell 2.5%, while its affiliate Kia Motors declined more than 2.

5%. Hong Kong's benchmark Hang Seng index rose 0.43% to close at 19,026.

36 on the strength of the overnight settle of the U.S stocks in the green and a rise in China-related shares. In the real estate property sector, Cheung Kong, Sun Hung Kai Properties and Henderson Land gained more than half a percent each.

Conglomerates Hutchison Whampoa and China Mobile climbed 3% and 1% respectively. However, lender HSBC fell over 1.5%.

The Hang Seng China Enterprise index advanced 0.47% to end at 8,799.49.

China Unicom and Jiangxi Copper increased about 1.5% each, while China Shenhua Energy climbed 1%. CNOOC added about 0.

5%. India's BSE Sensex finished at 13,949, edging up 0.08%.

Stocks from the pharma, IT and banking sectors drove the chief index higher, albeit marginally. Among the Sensex issues, Ranbaxy topped the list of gainers with a rise of about 1.5%.

ICICI bank, BHEL, Bharti Airtel and Reliance Communications advanced more than a percent each. China's key indicator Shanghai Composite Index dropped 0.77% to settle at 2,156.

60, after investors resorted to profit taking in the metal and financial sector stocks. In the metal space, Zhongjin Gold tumbled about 7.5%, Shandong Gold-dropped 6.

3% and Yunnan Chihong Zinc Germanium plunged almost 5.5%. Financial issue Shaanxi International Trust Investment lost 5.

7%, while Hong Yuan Securities slumped over 4% and Huaxia Bank declined 2.2%. New Zealand's weighted NZX 50 index moved up 0.

15% to close at 3,855.02 in late hour buying in select blue chips. However, overall sentiment remained weak ahead of the central bank's interest rate decision Thursday.

Retailers Hellaby Holding and The Warehouse Group rose over a percent each. Pumpkin Patch and Steel Tube gained about half a percent each. TrustPower advanced more than 1.

5% and Fletcher Building added 0.6%.Tower spurted 2.

5% and Telstra jumped over 3.5%. Taiwan's key TAIEX index spurted 1.

10% to finish at a six-year high of 7693.33, on prospective earnings speculations on Wall Street for tech firms that export to the US market, neglecting a strong Taiwan dollar, which could hurt exporters. Heavyweight Taiwan Semiconductor Manufacturing increased 1.

4% on news that the company would invest NT$1.36 billion for a 43% stake in XinTec. Au Optronics advanced 2.

3%. Hon Hai Precision went up 1.1%.

Advanced Semiconductor climbed 1.4%. United Microelectronics edged up 0.

3%. Formosa Chemical Fibre climbed nearly a percent after the company posted November parent sales of NT$17.22 billion, compared to NT$13.

11 billion in the year-ago similar period. Singapore's STI dropped 0.24% to end at 2,895.

02, whereas Malaysia's KLSE Composite index spurted 0.86% to settle at 1,098.35.

Indonesia's Jakarta Composite index rose 0.43% to finish at 1,784.43.