Xinhua summary of Asia-Pacific stocks news at 1100 GMT, May 15

Xinhua News Agency | May 15, 2019 at 11:06 AM

BEIJING -- Chinese stocks closed higher Wednesday, with the benchmark Shanghai Composite Index up 1.91 percent, at 2,938.68 points.

The Shenzhen Component Index closed 2.44 percent higher at 9,259.03 points.

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MUMBAI -- Indian markets closed lower Wednesday, with metal index slipping 2 percent, followed by auto, infra, pharma, FMCG and bank.

The benchmark S&P, BSE Sensex closed at 37,114.88, 203.65 points or 0.55 percent down compared to its previous close at 37,218.53.

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SINGAPORE -- Singapore shares closed 0.15 percent lower on Wednesday, as the rebound in Wall Street overnight failed to sustained the earlier rise in local bourse.

U.S. markets rebounded from the worst rout in four months, but market sentiment remains volatile as risk-off stance persisted among many investors. Economists warned any new tariffs will eventually weigh heavily on the American economy.

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KUALA LUMPUR -- The Malaysian stock market ended higher here on Wednesday.

The Kuala Lumpur Composite Index (KLCI) was at 1,611.43 up 12.24 points or 0.77 percent, and the Emas was at 11,353.17 up 94.44 points or 0.84 percent.

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VIENTIANE -- The Lao stock market closed on Wednesday with decrease of 0.73 percent compared with the previous trading day.

The Lao Securities Exchange composite index decreased by 5.86 points, reaching 798.87 points after closing.

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HO CHI MINH CITY -- VN-Index, the stock market index of Ho Chi Minh City bourse in southern Vietnam, closed at 975.64 points on Wednesday, up 10.30 points, or 1.07 percent against the previous trading day.

Nearly 188.853 million shares worth 4.153 trillion Vietnamese dong (180.6 million U.S. dollars) changed hands at the Ho Chi Minh City Stock Exchange, with prices of 198 stocks rising, 97 stocks decreasing, and 86 stocks remaining unchanged.

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HANOI -- Stock market index of Vietnam's capital Hanoi, HNX-Index, closed at 106.43 points on Wednesday, up 0.74 points or 0.7 percent from the previous trading session.

Over 35.6 million shares worth 461.9 billion Vietnamese dong (20.1 million U.S. dollars) were traded at the Hanoi Stock Exchange on Wednesday.

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HONG KONG -- Hong Kong stocks closed up 146.69 points, or 0.52 percent, to 28,268.71 points on Wednesday.

The benchmark Hang Seng Index traded between 28,171.32 and 28,441.49. Turnover totaled 96.12 billion Hong Kong dollars (about 12.24 billion U.S. dollars).

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MANILA -- Philippine shares closed 0.92 percent lower on Wednesday.

The benchmark Philippine Stock Exchange index decreased by 69.95 points to 7,576.71. The all-share index went down by 28.37 points, or 0.60 percent, to 4,708.17.

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SEOUL -- Seoul shares ended higher Wednesday.

The benchmark Korea Composite Stock Price Index (KOSPI) rose 10.94 points, or 0.53 percent, to settle at 2,092.78. Trading volume stood at 556 million shares worth 4.9 trillion won (4.1 billion U.S. dollars).

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TOKYO -- Tokyo stocks closed higher Wednesday in choppy trade, with the benchmark Nikkei stock index snapping a seven-day losing streak owing to solid Chinese equities.

The 225-issue Nikkei Stock Average added 121.33 points, or 0.58 percent, from Tuesday to close the day at 21,188.56.

The broader Topix index of all First Section issues on the Tokyo Stock Exchange, meanwhile, gained 9.17 points, or 0.60 percent, to close at 1,544.15.

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SYDNEY -- The Australian share market finished higher on Wednesday, recouping much of Tuesday's losses which were the result of international trade tensions.

At the market close the benchmark S&P/ASX 200 index was up 44.30 points or 0.71 percent at 6,284.20, while the broader All Ordinaries index was up 43.70 points or 0.69 percent at 6,370.90.