Indians markets have been trading lower for the last few sessions as global markets have been sending mixed signals. While majority investors are holding on to their stocks, selling pressure has been witnessed at higher levels.
Taipei - Taiwan stocks skyrocketed Thursday, closing 6.74 per cent higher in their biggest percentage rise in 18 years on the bullish outlook over upcoming Chinese investment on the island, dealers said.
The main Taiex stock index advanced 378.51 points to 5,992.57 with foreign institutional investors buying 32.99 billion Taiwan dollars (996 million US dollars) of shares on the hopes of further gains, dealers said.
Hong Kong - Hong Kong shares rose strongly for a second-straight day Thursday, climbing by nearly 4 per cent in the last day of trading before a holiday weekend.
The blue-chip Hang Seng Index gained 564.04 points, or 3.77 per cent, to close at 15,520.99. Turnover was a relatively robust 70.9 billion Hong Kong dollars (9.14 billion US dollars).
The rise followed a 2.8-per-cent climb Wednesday after improved consumer confidence in the United States and optimism about increased lending in mainland China.
Tokyo - Japan's benchmark Nikkei 225 Stock Average rose 4 per cent Thursday on March industrial output data and optimism over a possible US economic recovery.
The Nikkei index surged 339.87 points, or 4 per cent, to close morning trading at 8,833.64, and the broader Topix index of all first-section issues also rose 29.05 points, or 3.6 per cent, to 841.04.
Investors returned from a national holiday Thursday to buy a wide range of issues after the nation's industrial production data for March came out stronger than expected.
Taipei - Taiwan stocks skyrocketed Thursday, closing 6.74 per cent higher in their biggest percentage rise in 18 years on the bullish outlook over upcoming Chinese investment on the island, dealers said.
Hong Kong - Hong Kong shares rose strongly for a second-straight day Thursday, climbing by nearly 4 per cent in the last day of trading before a holiday weekend.
Manila - Share prices on the Philippine Stock Exchange rose 2.05 per cent on Thursday, buoyed by gains in Wall Street and other overseas markets.
Seoul - Shares surged 2.3 per cent Thursd
Tokyo - Japan's benchmark Nikkei 225 Stock Average rose 4 per cent Thursday on March industrial output data and optimism over a possible US economic recovery.
