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| Asian markets gain on China PMI data |
| BS Reporter / Mumbai Jun 01, 2009, 14:22 IST |
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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.
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(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.
The Taiwan Weighted is flat at 6,926.
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(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.
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