2006年9月29日全球金融市場周報（獨家雙語版）

　　Asia Pacific 亞洲

　　Stock market performance across the Pacific region was also mixed last week, as investors reacted to falling commodity prices, political volatility, and weaker economic news. The MSCI Pacific ex Japan index fell 0.3% in USD but 0.2% in local currency terms. Commodity stocks followed copper, gold and crude oil prices lower. Jiangxi Copper, BHP Billiton and Woodside Petroleum dropped 8.0%, 7.6% and 8.4%, respectively. Exporters, however, received a kick from a declining oil price. Hynix and TSMC made respective gains of 5.6% and 4.1%. Taiwan's TWSI (-0.2%) was constrained by political worries as protestors continued with attempts to unseat the government of president Chen Shui-bian in the wake of a corruption scandal. Strength in the technology sector helped boost Korea's KOSPI (+0.5%), while Singapore's Straits Times and Hong Kong's Hang Seng were both 0.5% higher.

　　India's SENSEX (+0.8%) maintained its upward momentum for a 8th straight week. The market commenced the week with a weak note - falling over 3% on Monday - before improved institutional buying in select large-cap stocks helped the benchmark index recover over the next four days. Foreign institutional investors remained net buyers as the SENSEX finished the week above the psychological 12,000 threshold, the first time since the May correction. Indonesia's JCI (-0.1%) traded flat. Last Friday Yudhoyono's government said it plans to offer as much as USD54.7b of infrastructural projects to investors in four years. In Australia, a sharp drop in commodity prices led to weakness in the country's heavily-weighted mining sector. The All Ordinaries hit a four-week low on its way to a 1.3% decline. The MSCI China Index did not fare as well, falling 0.3%. News that the country's trade surplus had ballooned to a record USD18.8b put pressure on the government to allow the RMB to appreciate. Comments from the IMF that the country needs to tighten its monetary policy in order to avoid a 'boom and bust' scenario added to investor jitters.

　　商品價格下跌、政局不穩，加上經濟消息疲憊，上周亞太區股市表現參差。摩根士丹利亞太(日本除外)指數以美元計跌0.3%，以當地貨幣計跌幅則為0.2%。商品股跟隨銅價、金價及

　　臺灣示威人士繼續抗爭要求總統陳水扁下臺，加權指數受制于政局憂慮，跌0.2%。科技股造好刺激南韓證交所指數(+0.5%)，新加坡海峽時報指數及香港恒生指數均上升0.5%。印度SENSEX指數(+0.8%)連續第八周維持上升動力。上周一大市曾下跌超過3%，之后大型股機構投資者買盤回升，推動其后四天指數回升。外國機構投資者依然買多于賣，SENSEX指數收市高于12,000點心理關口，是5月份調整以來的首次。

　　印度尼西亞雅加達綜合指數表現持平。上周五尤多約諾政府表示，計劃推行耗資達547億美元的基建項目。澳洲方面，商品價格急跌導致重磅礦務股偏軟。所有普通股指數一度創四周新低，收市跌1.3%。摩根士丹利中國指數表現較為遜色，跌0.3%。中國貿易盈余擴大至188億美元新高，導致人民幣升值壓力加強。國際貨幣基金組織表示中國有必要收緊銀根，以防范“由盛而衰”的經濟局面。