Business Standard

Update: Asian markets rally; Nikkei surges 370pts

Image

BS Reporter Mumbai

Asian markets have extended gains and are now up 3-5% each.

The Hang Seng has soared 717 points (5.3%) to 14,236. The Nikkei has rallied 370 points (4.4%) to 8,722.

The Taiwan Weighted index has surged 150 points (2.8%) to 5,464. The Straits Times index has advanced 62 points to 1,764, and the Seoul Composite index has added 43 points to 1,276.

The Shanghai Composite index has gained 36 points at 2,444.

Updated at 0855 hrs

Asian markets have rallied smartly this morning helped by positive cues from the US markets.

The Hang Seng has soared 528 points to 14,048. The Nikkei has rallied 252 points to 8,603.

 

The Taiwan Weighted index has zoomed 113 points to 5,428. The Straits Times index has surged 44 points to 1,747, and the Seoul Composite index has gained 35 points at 1,269.

The Shanghai Composite index is up 17 points at 2,425.

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Apr 02 2009 | 10:57 AM IST

Explore News