Stock Markets

Nikkei soars more than 3 per cent

Nikkei soars more than 3 per centTokyo - Tokyo stocks ended morning trading higher Tuesday as investor confidence was regained on a series of economic stimulus packages and the Asian stock market's advance the previous day.

The benchmark Nikkei 225 Stock Average rose 320.89 points, or 3.74 per cent, to 8,897.87. The index had lost 5 per cent Friday. The Tokyo market was closed Monday for a national holiday.

The broader Topix index of all first-section issues gained 28.83 points, or 3.19 per cent, to 895.95.

Wall Street dips amid signs of stalling economy

Nikkei soars more than 3 per cent

Indian shares up more than 5 per cent after rate cut

Indian shares up more than 5 per cent after rate cutNew Delhi - India's benchmark Sensitive Index jumped 585 points Monday, buoyed by weekend interest rate cuts announced by the country's central bank.

The 30-share Sensex of the Bombay Stock Exchange closed at 10337.68, 5.62 per cent above its previous close.

The broader 50-share Nifty of the National Stock Exchange rose 5.48 per cent to 3,043.85.

Singapore market rebounds as investors snatch up bargains

Singapore market rebounds as investors snatch up bargainsSingapore - Singapore stocks rose 4.99 per cent Monday as investors went bargain hunting, but analysts warned of continuing volatility ahead.

The Straits Times Index rose 89.55 points to 1,883.75.

Gainers outnumbered losers by 422 to 125, and volume was high with 1.64 billion shares traded.

The market is recovering from oversold positions, said Stephanie Wong, head of research at Kim Eng Securities Pte Ltd in Singapore.

Thai shares jump 7.84 per cent in tandem with region's bourses

Thai shares jump 7.84 per cent in tandem with region's boursesBangkok - Thai shares jumped 7.84 per cent Monday on good news for banks and energy stocks and the avoidance of political violence in Bangkok over the weekend.

The Stock Exchange of Thailand (SET) index ended at 449.19, up 32.66 points, on modest trade amounting to 17 billion baht (494 million dollars).

"Thai stocks were following other markets today," said Phuwadon Larpudomsuk, an analyst at Asia Plus Securities.

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