Wellington - The New Zealand stock market - the first to open every day - jumped more than 6 per cent in the first hour of trading Tuesday after a spectacular recovery on Wall Street.
The benchmark NZX 50 index, which fell just under 1 per cent on Monday after slumping 4.7 per cent on Friday, rose 189 points to 2,971 in early dealing.
Analysts said that bargain-hunting investors had taken a lead from Wall Street, which posted its biggest-ever one-day gains.
Mumbai/ New Delhi, Oct 13 : The Bombay Stock Exchange (BSE) Sensex extended its gains to seven percent on Monday afternoon, boosted by the Finance Minister P. Chidambaram saying that the government was working on more measures to improve liquidity.
The rise, which is set to end a five-day losing streak, was underpinned by gains elsewhere in Asia after policymakers and regulators around the world took a slew of measures to shore up the battered financial system.
Beijing - China's main stock market index rebounded with a rise of 3.65 per cent on Monday following its worst-ever week.
The key Shanghai Composite Index, which tracks shares traded in local and foreign currencies, gained 73 points to finish at 2,073.57 after an initial slump of 3.44 per cent in morning trading.
Paris - With investors apparently encouraged by the wide-ranging bank rescue plan announced by euro-zone leaders late Sunday, French shares rebounded strongly in early-Monday trading.
One hour after trading began, the CAC 40 index was up a healthy 6.78 per cent, to 3,391.82, with all 40 listed stocks gaining ground.
The surge was led by steel giant ArcelorMittal, which was up 13.14 per cent, to 24.79 euros.
Sydney - Australian stocks rocketed at the bell Tuesday in response to Wall Street registering its biggest one-day point gain on record.
Wellington - The New Zealand stock market - the first to open every day - jumped more than 6 per cent in the first hour of trading Tuesday after a spectacular recovery on Wall Street.
Mumbai/ New Delhi, Oct 13 : The Bombay Stock Exchange (BSE) Sensex extended its gains to seven percent on Monday afternoon, boosted by the Finance Minister P. Chidambaram saying that the government was working on more measures to improve liquidity.
Beijing - China's main stock market index rebounded with a rise of 3.65 per cent on Monday following its worst-ever week.
Paris - With investors apparently encouraged by the wide-ranging bank rescue plan announced by euro-zone leaders late Sunday, French shares rebounded strongly in early-Monday trading.
