Asian markets rose with Friday’s U.S. markets. Also the possibility that Japan might offer a new round of stimulus sent the Nikkei to a two month high.
The Nikkei rose 1.4% or 136.27 points as hope rose that the main opposition party will win election next month pouring in cash to a struggling economy. Nissan Motor Group was up today with a 1.8% gain today. Leading winners was Japan Tobacco which was up 6.9% after the Finance Ministry said it would not sell shares of the company before end of December.
Hong Kong and Chinese markets were also mostly today. The Hang Seng was up 87.79 points to 21246.80 and the Shanghai was down by nearly 14 points.
In South Korea, the KOSPI rose 19.01 points or 1.02%. STX Offshore and Shipbuilding ws up 7% and Samsung Electronics was up 1.8%. LG Display rose 1.5%.
The Australian benchmark rose 24.60 points to 4361.40. However the market fell 2.8% last week.
DISCLOSURE AND DISCLAIMER: The Above Is For Informational Purposes Only And Not To Be Construed As Specific Trading Advice. Responsibility For Trade Decisions Is Solely With The Reader.
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Asian Markets Rose Today With Friday's US Markets
Published 11/19/2012, 05:08 AM
Updated 02/02/2022, 05:40 AM
Asian Markets Rose Today With Friday's US Markets
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