Asia-Pacific markets up after early losses
Posted on: Friday, 21 November 2008, 05:17 CST
Major Asia-Pacific markets pared off opening losses Friday and closed in positive territory, giving a hopeful sign for next week's sessions.
The Friday opening once again fell in line with the overnight Wall Street collapse but the tide turned as the day wore on.
On the Tokyo Stock Exchange, Japan's 225-stock Nikkei, the Asian barometer index, managed to add nearly 208 points, or 2.7 percent, and closed at 7,911.
Hong Kong's Hang Seng index also performed impressively after a poor start and closed at 12,659, up 361 points, or nearly 3 percent.
Australia's All-Ordinaries gained 54 points, or 1.63 percent, to 3,387, CNN reported.
South Korea's KOSPI gained 5.8 percent but China's Shanghai Composite Index ended with a small loss.
India's Sensex index on the Mumbai stock exchange also had a strong close, gaining more than 460 points and heading closer to the 9,000 mark.
Source: United Press International
Related Articles
- HealthSport, Inc. Closes Stock Purchase Agreement With SMI Manufacturing - Receives $2.5 Million
- U.S. markets close mixed Friday
- Index Ventures Closes Euro 350 Million Early Stage Fund
- Valero Energy Corporation Declares Dividend on Common Stock and 2 Percent Mandatory Convertible Preferred Stock
- Bank of Commerce (Proposed) to Close Stock Offering November 18
- Alltel Profit Up 53 Percent on Stock Sale
- Stock Price of Interstate Bakeries Climbs 23 Percent
- Stocks Set to Open Lower After Run-Up
- Battered Stocks Set to Open Higher
- Manufacturing Index Leads to Stock Drop
 |
 |
User Comments (0)
RSS Feeds