Stocks news in brief

China shares snap

9-week losing streak

HONG KONG, Jan 13: China shares snapped a nine-week losing streak, but Friday finished down from the week's highs on fears that capital outflows would drag on markets. The Shanghai Composite Index slipped 1.3 per cent on the day, but in Hong Kong, the most popular gateway for foreign investors to get exposure to China, the Hang Seng Index and China Enterprises Index of the top mainland listings in the territory ended up 0.6 and 1.1 per cent, respectively. On the week, the Hang Seng Index firmed 3.3 per cent, while the China Enterprise Index gained 6.2 per cent and the Shanghai Composite rose 3.8 per cent, mainly due to advances early in the week following economic data that sparked expectations of aggressive monetary policy easing. — Reuters

Sensex ends up 0.72pc

MUMBAI, Jan 13: The Bombay Stock Exchange's Sensex ended in the positive territory after retreating from intermediate resistance levels. Losess in oil&gas, IT and auto space were offset by gains in metals, capital goods and power sectors. The Sensex ended at 16153.07, up 115.56 points or 0.72 per cent. The 30-share index touched intraday high 16257.34 and low of 16049.78 intraday. The National Stock Exchange's Nifty closed at 4866.90, up 35.65 points or 0.74 per cent. It touched a high of 4898.85 and low of 4834.20 in trade today.

— Economic Times

HK shares end up 0.6pc

HONG KONG, Jan 13: Hong Kong share ended higher Friday, shrugging off weakness in China after Beijing posted a fall foreign exchange reserves for two straight months - the first in almost three years, but gains were capped by persistent chart resistance. — Reuters

Nikkei hits one-week high

TOKYO, Jan 13: Japan's Nikkei share average climbed to a one-week high Friday, rising above the key threshold of its 25-moving average after smooth European debt auctions prompted buying of exporters, while the market remained on edge ahead of US corporate earnings.

— Reuters

Australia shares edge up

SYDNEY, Jan 13: Australian shares rose 0.4 per cent Friday, with energy and materials the best performing sectors on the back of positive bond auctions in Europe, although gains were capped by lacklustre economic data out of the United States. For the week, the market was 2.1 per cent higher but faced tough resistance at the 4,200-point level. — Reuters

S Korea shares post modest gain

SEOUL, Jan 13: Seoul shares posted modest gains Friday as risk-averse sentiment was tempered by strong bond auctions in Europe, but fears remained of ratings downgrades in the euro zone and signs of obstacles in the US economic recovery. — Reuters