Security and Exchange Board of India is closely watching the market conditions and would soon announce fresh steps for the stability of the stock market. It may restrict over-leveraged hedge funds to ensure smooth running of the stock market. SEBI chief, C B Bhave, who was speaking at the HT Leadership Summit expressed his views that Indian Stock markets will be among the first few to recover.
Manila - Philippine share prices soared 6.02 per cent Tuesday, tracking Wall Street's strong performance after a US government bailout of the banking giant Citigroup.
The 30-share composite index of the Philippine Stock Exchange gained 108.46 points to close at 1,908.18.
A total of 1.39 billion shares worth 1.9 billion pesos (38.15 million dollars) were traded. Gainers led losers 77 to 26, while 24 issues were unchanged.
Taipei - The Taiwan stock market opened higher Tuesday in reaction to the Wall Street rally caused by president-elect Barack Obama's announcement of plans to rescue Citigroup.
By mid-morning the TAIEX index rose 108.73 points, or 2.61 per cent, to 4,269.27.
Tokyo - Tokyo stocks ended morning trading higher Tuesday on Wall Street's overnight rises and a weaker yen, sending the key Nikkei 225 Stock Average up more than 4 per cent.
The Nikkei index jumped 335.29 points, or 4.24 per cent, to 8,246.08.
The broader Topix index of all first-section issues was also up 23.75 points, or 2.96 per cent, to 826.44.
Investors bought a wide range of issues Tuesday after a three-day holiday in Tokyo as the market sentiment was cheered by US markets' rises and a weaker yen.
Security and Exchange Board of India is closely watching the market conditions and would soon announce fresh steps for the stability of the stock market. It may restrict over-leveraged hedge funds to ensure smooth running of the stock market. SEBI chief, C B Bhave, who was speaking at the HT Leadership Summit expressed his views that Indian Stock markets will be among the first few to recover.
Manila - Philippine share prices soared 6.02 per cent Tuesday, tracking Wall Street's strong performance after a US government bailout of the banking giant Citigroup.
S
Taipei - The Taiwan stock market opened higher Tuesday in reaction to the Wall Street rally caused by president-elect Barack Obama's announcement of plans to rescue Citigroup.
Tokyo - Tokyo stocks ended morning trading higher Tuesday on Wall Street's overnight rises and a weaker yen, sending the key Nikkei 225 Stock Average up more than 4 per cent.
