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Bullish mood on Asian markets
South Korea News.Net Friday 6th November, 2009
Every stock market in Asia recorded gains Friday as evidence mounted of a global economic recovery.
Asian bourses closed before the 10.20% U.S. unemployment report, however even U.S. markets shrugged off that data.
In Japan 10-year bond yields rose to 1.4550%, their highest level in more than two months, on expectations the global recovery was taking hold.
Tokyo's Nikkei 225 advanced 0.74% Friday. In China the Shanghai Composite was up 0.28%. Hong Kong's Hang Seng rose 1.28%.
The Australian All Ordinaries topped the region with a rise of 1.89%, a significant bounce back from lows reached Thursday.
In South Korea the Seoul Composite closed 1.30% higher. Indonesia's Jakarta Composite was up 1.18%.
In Singapore the Straits Times climbed 1.10%. Email this story to a friend
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