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July 19, 2007    

India’s Sensex reaches record high

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by Elaine Frei

Almost all equities markets in the Asia-Pacific region were higher on Thursday, with the major exception was the Straits Times Index in Singapore, which fell 0.06 percent to 3,604.62. In India, the Sensex added 1.63 percent to 15,550 to reach an all-time high. Elsewhere, the Hang Seng index in Hong Kong was 0.76 percent higher to 23,016.2, while the Sydney Ordinaries gained 0.81 percent to close t 6,419. Tokyo’s markets saw gains as well, as the Nikkei 225 added 0.6 percent to 18,116.57 and the Topix index gained 0.5 percent to 1,768.

European equities markets were higher on the session, with the FTSE Eurofirst 300 rising 0.92 percent to 1,617.76. The IBEX added 0.99 percent to 15,207.3 in Madrid, while the Paris CAC-40 gained 1.16 percent to 6,065.5 and the Dax was 1.24 percent higher in Frankfurt to 7,991.21. In London, the FTSE 100 added 1.11 percent to 6,640.2, while the FTSE 250 gained 1.32 percent to 11,880.2.

Wall Street was higher in early afternoon trading. The Dow Jones Industrial Average was 0.51 percent higher to 13,988.95, while the Nasdaq Composite had added 0.81 percent to 2,721.3 and the S&P 500 was up 0.43 percent to 1,552.85.

Crude oil prices were higher on the day, as were metals prices. The prices of tin and lead reached new records during the session in London.

Among currencies, the euro strengthened while sterling weakened.

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