Stock Markets

Shares surge 3.5 per cent in Seoul

Shares surge 3.5 per cent in SeoulSeoul - Shares jumped Thursday

Tokyo stocks rise 3 per cent on upbeat US economic data

Tokyo stocks rise 3 per cent on upbeat US economic data Tokyo  - Tokyo stocks extended its gains Thursday with key indices rising more than 3 per cent on optimistic US economic data.

The benchmark Nikkei 225 Stock Average index surged 251.58 points, or 3.01 per cent, to 8,603.49.

The broader Topix index of all first-section issues also rose 25.7 points, or 3.24 per cent, to 819.52.

On currency markets at 9 am (0000 GMT), the dollar traded at 98.50-55 yen, down from Wednesday's 5 pm quote of 98.60-63 yen.

US stocks climb on promising data from housing, manufacturing, cars

US stocks climb on promising data from housing, manufacturing, cars New York  - US stocks posed strong gains Wednesday on better- than-expected data from the US housing, manufacturing and auto sectors.

Sales of existing homes climbed 2.1 per cent in February from the month before, according to the National Association of Realtors, another small sign that the housing downturn that sparked the US economic crisis may be bottoming out.

Sensex Up 66.36 Pts At 9,774.86; Ranbaxy, HDFC, DLF, RCom Surge

 Sensex Up 66.36 Pts At 9,774.86; Ranbaxy, HDFC, DLF, RCom Surge The Sensex continued to trade strong on constant buying activity witnessed across frontline stocks.

The top performers of the day were realty, IT, consumer durables and metal stocks, where healthcare remained weak.

Secondline stocks were also in public interest. 

Mirroring strong buying action, BSE Midcap and Smallcap index also gained 1.45% and 2.36% respectively. 

Shares jump 2.3 per cent in Seoul

Shares jump 2.3 per cent in SeoulSeoul  - Shares surged 2.3 per cen

Tokyo stocks open new fiscal year higher despite Tankan results

Tokyo stocks open new fiscal year higher despite Tankan results Tokyo  - The Japanese market opened the new fiscal year in a positive light Wednesday, despite the Bank of Japan's Tankan survey results.

The benchmark Nikkei 225 Stock Average increased 242.15 points, or 2.99 per cent, to 8,351.68.

The broader Topix index of all first-section issues was also up 22.09 points, or 2.89 per cent, to 795.75.

Japan's key Tankan index of manufacturer sentiment hit a record low in March, the Bank of Japan said Wednesday.

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