Thursday, July 24, 2008

Asian stocks rise

Asian stocks advanced, the best week in 11 months. The stronger Dollar shows confidence.

Tocom Rubber Futures falls to a seven-week low on Thursday, although firm physical prices continued to provide some support.

Falls in Asian physical prices have been limited due to tight supply conditions in the world’s top producer Thailand, While many buyers have stayed on the sidelines waiting for prices to fall. Futures declined as supplies increased in Thailand, the world’s largest producer and exporter.

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