Stock Markets

Indian stocks climb more than 4 per cent

Indian stocks climb more than 4 per centNew Delhi - Indian equities climbed over 4 per cent in morning trade on Friday, recovering some losses from trading sessions in the last few days.

The 30-share Sensex of the Bombay Stock Exchange, which has fallen more than 2,000 points over the last seven trading sessions, gained 358.43 points to 8,810 levels, up 4.24 per cent at 11:50 am (0620 GMT).

All sectoral indices on the barometer index recorded gains. Similarly, the broader 50-share Nifty index of the National Stock Exchange rose by 105.75 points to 2,658.90, or an increase of 4.14 per cent.

Tokyo stocks snap losing streak on bargain-hunting

Tokyo stocks snap losing streak on bargain-huntingTokyo - Tokyo stocks snapped its losing streak to close Friday trading higher as investors bought back battered shares.

The Nikkei 225 Stock Average rose 207.75 points, or 2.7 per cent, to close at 7,910.79.

The broader Topix index of all first-section issues was also up 20.41 points, or 2.57 per cent, to 802.69.

The Tokyo market lost more than 2 per cent in morning trading due to stronger yen and Wall Street's overnight plunges, but it erased early losses in the afternoon session with bargain-hunting.

Philippine stocks down 4.14 per cent

Philippine stocks down 4.14 per centManila - Philippine share prices plummeted for the second straight session on Friday, closing 4.14 per cent lower on overnight losses in Wall Street.

The 30-share composite index of the Philippine Stock Exchange lost 76.43 points to close at 1,765.90. On Thursday, the index declined
3.45 per cent to finish at 1,842.33.

A total of 820.15 million shares worth 1.16 billion pesos (23.38 million dollars) were traded.

Losers swamped gainers 79 to 11, while 34 issues were unchanged.

Investors take Australian stocks on see-saw ride

Investors take Australian stocks on see-saw rideSydney - Australian stocks went on a roller-coaster ride Friday, losing more than 3 per cent on the bell but ending the session almost 2 per cent higher.

The ASX 200 added 63 points, or 1.8 per cent, to 3,416. The choppy trading came as the market realized a 50-per-cent fall from its November 2007 peak.

It's the second-worst bear market since shares fell 59 per cent in 1973-74 and had Reserve Bank of Australia governor Glenn Stevens anxiously trying to take investors out of dumping more stock.

Tokyo stocks extend losses over Wall Street plunge

Tokyo stocks extend losses over Wall Street plunge

Hong Kong shares fall further 3 per cent in early trading

Hong Kong shares fall further 3 per cent in early trading

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