Asian stock markets recovered Shanghai has risen

Asian stock markets recovered, Shanghai has risen sharply

upbeat
mood in the stock markets
Asia-Pacific region were
associated today with the largest jump
Wall Street in 2011. American
major indexes gained for a minimum
4%, Asian investors have reduced degree
concern. As a result, even Chinese
indexes rose significantly that
additionally affected the nervous
system of neighboring stock exchanges.

shanghai Composite on
turbulent bid made final
jerk, and in the last 30 minutes
Bid crossed the psychologically
important level of 3000 points. Day
It ended at point 3 085.4 in positive territory at
5.4%. Some experts believe that
technically, China’s stock market should
It has already been reached the bottom, and now, when
the regulator has reduced interest rates and
reserve requirements, investors
start believing in government support.

Many
banks rose to the daily limit today
10%: for example, it’s Bank Of China and
China Citic Bank. largest
World bank by assets, Industrial
and Commercial Bank Of China, added
4.9%.

Hang Seng jumped
to 3.60%.

Nikkei he added
1.1%. The Japanese stock market was well
supported by a weakening yen, which
helped exporters: for example, Kikkoman
It jumped by 5.9%. Besides,
many of the export-oriented
companies attracted large orders.
Toyota Motor rose by 1,5%, Sony
It added 3%.

increased
Banks quotes. Mitsubishi UFJ Financial
Group, Sumimoto Financial Group added
more than 2%.

S P / ASX increased
1.3%. The Australian index rose
virtually all sectors. Australia and New
Zealand Banking added 1,8%, Westpac increased
1.2%. Strong oil prices rose
quotes of energy companies:
Woodside Petroleum rose
1.7%; Oil Search – by 3.2%.

Kospi increased
0.7%, and reached a maximum weekly.
South Korean index optimistic
reacts to the rebound of global stock
markets, and above all – its largest
trading partner, China. The growth of the stock exchange
He was limited to blue chips: Hyundai
Motor lost 2%, the steel
Posco Giant closed in
minus 1.9%.

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