Asian markets gain on China PMI data

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.