Seoul - Shares dove Friday on the Seoul stock exchange as persistent fears of a worldwide economic recession weighed heavily on the market, but the won soared against the US dollar.
Taipei - Taiwan stocks ended 2.28 per cent lower Friday, losing its 5,000-point support as jittery investors sold strongly, despite Wall Street's overnight rally, dealers said.
Unaffected by Wall Street's sharp 400-point gain overnight, the Taiex index opened lower and extended its downtrend throughout the trading session to close at 4,960.40, a drop of 115.57 points or 2.28 per cent.
Dealers said investors were worried about the prospect of the market when the Taiwan Stocks Exchange resumes the daily 7- per-cent bottom limit next week. The regulator halved the bottom limit two weeks ago to try to cushion the slump of the local stocks in response to US financial turmoil.
Frankfurt - European shares are ending a tumultuous trading week
Friday on a volatile note after a late surge on Wall Street and mixed
performance by stocks across Asia.
Tokyo - Tokyo stocks climbed Friday after an overnight surge on Wall Street to end trading up almost 3 per cent as investors bought back shares battered by the previous day's losses.
The Nikkei 225 Stock Average jumped 235.37 points, or 2.78 per cent, to close at 8,693.82.
The recovery came after Japan's benchmark index plunged 11.41 per cent Thursday to 8,458.45, the biggest one-day drop in 21 years, after New York markets plummeted the day before.
Wall Street recovered some of its losses Thursday with the blue-chip Dow Jones Industrial Average up 4.68 per cent, the Standard and Poor's 500 Index up 4.25 per cent and the Nasdaq Composite Index up 5.49 per cent.
Tokyo - Key stock markets across Asia edged upwards on Friday, recovering slightly from record drops earlier this week, as investors cautiously ventured back into the market after a surge on Wall Street.
Indexes around the region see-sawed between small gains and losses, as investors reacted to mixed signals from Asia's economies.
Tokyo stocks climbed in early trading Friday after Wall Street's overnight surge.
The Nikkei 225 Stock Average gained 129.66 points, or 1.53 per cent, trading at 8,588.11. The broader Topix index gained 2.6 per cent to 887.43.
The recovery came after Japan's benchmark index plunged 11.41 per cent Thursday.
Sydney - Australian stocks gave up early gains Friday and closed down 1 per cent after gaining 2.8 per cent on the bell.
