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Tuesday, March 22, 2011

Most Asian indices extend gaining run; Japan ascends about 3%


Majority of Asian equity indices have extended their gaining run for the third successive session this Tuesday taking sanguine leads from the overnight upsurge in the US markets which garnered about one and a half percent on reports of stabilizing nuclear crisis in Japan along with some acquisition report. The investors' mood also got filliped on watching the Japanese benchmark, Nikkei 225 index, mount around three percent points, after a day of break, as the Nuclear Regulatory Commission there said that situation at Fukushima Dai-ichi plant appeared to be stable and containment at three of the plant's six reactors was intact.
Shanghai Composite added 4.90 points or 0.17% to 2,914.04, Hang Seng advanced 72.45 points or 0.32% to 22,757.67, KLSE Composite rose 0.47 points or 0.03% to 1,509.35, Nikkei 225 jumped 270.74 points or 2.94% to 9,477.49, Straits Times gained 6.86 points or 0.23% to 2,990.37, Seoul Composite climbed 8.13 points or 0.41% to 2,011.55 and Taiwan Weighted surges 69.53 points or 0.82% to 8,537.24.
On the other hand only Jakarta Composite traded in the negative zone after shedding 9.12 points or 0.26% to 3,509.73.

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