Business Standard

Asian markets surge; Nikkei up 3%

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BS Reporter Mumbai

Asian markets ended in the green on hopes of an easing global recession, and fuelled by gains in the Indian markets yesterday. Supply concerns also boosted oil prices.

The Hang Seng surged 521 points (3%) to 17,544. The Nikkei rallied 252 points (3%) to 9,290.

The Straits Times gained 82 points (4%) at 2,259. The Seoul Composite advanced 42 points (3%) to 1,428.

The Taiwan Weighted added 78 points (1%) to 6,655. The Shanghai Composite was up 24 points at 2,677.
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(Updated at 1135 hrs)

The Nikkei has surged 267 points (3%) to 9,306. The Hang Seng has zoomed  516 points (3%) to 17,539.

 

The Shanghai Composite has advanced 28 points to 2,681.

The Straits Times has added 78 points (3.5%) to 2,255 and the Seoul Composite  is up 39 points (3%) at 1,426.

The Taiwan Weighted Index has increased 80 points to 6,657.
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Updated at 0815 Hrs

Asian markets opened up this morning.

Japan's Nikkei has surged 254 points (3%) to 9,293, boosted by tech shares and exporters, as the Yen declined against the $. The Hang Seng has rallied 385 points (2%) to 17,408.

The Taiwan Weighted has gained 155 points (2.5%) at 6,733. The Straits Times has added 64 points (3%) to 2,241.

The Seoul Composite has advanced 31 points (2%) to 1,418. The Shanghai Composite is up 23 points at 2,676.

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First Published: May 19 2009 | 2:25 PM IST

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