Stock Markets

Tokyo stocks rise modestly ahead of US bank rescue plan

Tokyo stocks rise modestly ahead of US bank rescue plan Tokyo  - Stocks rose in Tuesday morning trading in Tokyo as investors bought battered shares from the previous day's gains and the US dollar advanced against the yen.

But gains were capped in the wait-and-see mood before the US government's release of its bank rescue plan.

The benchmark Nikkei 225 Stock Average went up 15.51 points, or 0.19 per cent, to 7,984.54.

The broader Topix index of all first section issues was also up 3.4 points, or 0.44 per cent, at 782.3.

Weaker yen, Wall Street rise help Tokyo stocks up

Strong Global Signals Spur Sensex To Gain 210 Pts

Strong Global Signals Spur Sensex To Gain 210 Pts The Bombay Stock Exchange (BSE) benchmark Sensex closed the week strongly on account of strong global signals amid expectations of more sops and stimulus plans in the forthcoming interim budget to be declared on February 16.

Heavy buying activity seen across refinery, metal and bank stocks assisted Sensex to make a hefty gain of 210 points (up 2.31%) to end at 9300.86.

BSE Midcap and Smallcap index rallied smartly and rose 1.43% and 1.05% respectively.

Sensex Gains 210 Pts; Nifty Up By 63.05 Pts

Sensex Gains 210 Pts; Nifty Up By 63.05 PtsThe
Bombay Stock Exchange (BSE) benchmark Sensex closed the week on a
strong note as heavy buying action in key counters from refineries,
metals and banks helped it to make a hefty gain of 210 points (up
2.31%) at 9300.86.

Strong global signals amid expectations of more sops and stimulus plans
in the forthcoming interim budget led to strong buying in stocks
cutting across segments on Friday.

Mirroring investor interest at side counters, BSE Midcap and Smallcap
index rallied smartly and gained 1.43% and 1.05% respectively.

US stocks make gains on hope of stimulus package

US stocks make gains on hope of stimulus package New York  - Wall Street stocks rose sharply Friday amid hopes that an economic stimulus package topping 800 billion dollars would soon be passed by the Senate, overshadowing the worst monthly jobs report in 35 years.

US senators were caught in a furious debate on the merits of the economic recovery plan. Democratic leaders held out hope that a compromise could be worked out by Friday night, as President Barack Obama warned that delay was "inexcusable and irresponsible."

Philippine stocks close 2.66 per cent higher

Philippine stocks close 2.66 per cent higher Manila  - Philippine share prices climbed 2.66 per cent Friday, buoyed by overnight gains on Wall Street and hopes of a new massive stimulus package in the United States.

The 30-share composite index of the Philippine Stock Exchange gained 50.41 points to close at 1,942.48.

Turnover was up at 1.16 billion shares worth 2.67 billion pesos (56.80 million dollars).

Gainers led losers 66 to 23 while 40 issues were unchanged.

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