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Asian Cues
Tuesday, August 7, 2007
Asian markets rebound following strong US markets closing
Asian markets rebounded early today, inspired by a strong overnight recovery on Wall Street, as bargain buying lifted financial stocks such as Mitsubishi UFJ Financial Group and Mizuho Financial Group in Japan. Japan's Nikkei was up 0.12% or 20.62 points at 16,935.08.
Hong Kong's Hang Seng gained 0.84% or 184.62 points at 22,121.35. Taiwan's Taiwan Weighted rose 0.61% or 54.21 points at 8,995.94. Singapore's Straits Times advanced 0.92% or 30.43 points at 3,339.42. South Korea's Seoul Composite surged 0.63% or 11.68 points at 1,866.73.
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Investment in equity shares has its own risks. Sincere efforts have been made to present the right investment perspective.The information contained herein is based on analysis and up on sources that we consider reliable. I, however, do not vouch for the accuracy or the completeness thereof. This material is for personal information and I am not responsible for any loss incurred based upon it.& take no responsibility whatsoever for any financial profits or loss which may arise from the recommendations given in this blog.
