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Asian markets make modest gains

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SI Reporter Mumbai

Most Asian stock markets are trading marginally higher, but uncertainty over a hostile takeover bid by BHP Billiton continues to weigh.

Hang Seng is trading flat, up 0.05% to 21,034; Chinese power producers & energy stocks are leading the gains. Japan's Nikkei Stock Average is up 1% at 9,335, South Korea's Kospi Composite has risen 0.2%to 1,775.

However Taiwan Weighted is trading in the red, down 0.3% at 7,899 and Shanghai Composite has fallen 0.2% to 2,660.

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First Published: Aug 19 2010 | 8:27 AM IST

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