Don’t miss the latest developments in business and finance.

Asian markets gain on China PMI data

Image
BS Reporter Mumbai
Last Updated : Jan 20 2013 | 9:33 PM IST

Asian markets ended in the green today following optimistic data from China. The data showed that export orders would improve, boosting the Asian markets to eight-month high.

The Hang Seng surged 718 points (4%) to 18,888. The Nikkei gained 155 points (1.5%) to 9,678.

China's Shanghai Composite gained 88 points (3%) at 2,721.

The Straits Times advanced 50 points (2%) to 2,379. The Seoul Composite moved up 19 points (1.5%) to 1,415. The Taiwan Weighted added 63 points (1%) to 6,954.
___________________________________________________
(Updated at 1138 hrs)

Asian markets have surged following news of China's PMI giving rise to fresh hopes of a global economic recovery. The PMI has decreased but suggests expansion in the manufacturing sector.

The Hang Seng has rallied 504 points (3%) to 18,675. The Nikkei has gained 135 points (1.5%) at 9,658.

The Shanghai Composite has surged 84 points (3%) to 2,716. The Straits Times has advanced 45 points (2%) to 2,374. The Seoul Composite has moved up 13 points (1%) to 1,409.

More From This Section

The Taiwan Weighted is flat at 6,926.
____________________________________________________
(Updated at 0813 hrs)

The Asian markets have today opened on a positive note.

The Hang Seng has advanced 392 points (2.16%) to 18,563. The Nikkei has added 75 points (1%) to 9,597.

The Shanghai Composite has soared 54 points (2%) to 2,687 and the Straits Times have increased 40points (1%) to 2,369.

The Seoul Composite has gained four points at 1,400 and the Taiwan Weighted Index is up 62 points (1%) at 6,952.

Also Read

First Published: Jun 01 2009 | 2:22 PM IST

Next Story