Singapore - Singapore Exchange Ltd on Monday signed an agreement with the government of China's south-eastern coastal province of Fujian to promote the listing of Fujian companies on the Singapore market.
Twenty-one Fujian firms with a total market capitalization of 4.2 billion Singapore dollars (2.86 billion US dollars) are already listed on the Singapore Exchange.
Fujian's Development and Reform Commission Office agreed to provide guidance to companies that wish to list in Singapore and facilitate regulatory checks and approvals from Chinese authorities, the exchange said.
Seoul - Shares surged 1.4 per cent Monday on the Seoul stock exchange as a recent currency swap between South Korea's central bank and the US Federeal Reserve as well as new stimulus measures for the local economy boosted investor sentiment. South Korea's currency surged against the dollar.
The benchmark Kospi index rose 16.02 points to close at 1,129.08.
Advancing issues outpaced decliners 660 to 192.
The main index of the technology-heavy Kosdaq market rose 17.53 points to 325.56.
New Delhi - India's benchmark Sensitive Index jumped more than 400 points on opening Monday, buoyed by weekend interest rate cuts announced by the country's central bank.
At noon, the 30-share Sensex of the Bombay Stock Exchange was trading at 10,236.97, about 4.59 per cent above its previous close.
The broader 50-share Nifty of the National Stock Exchange rose 4.07 per cent to 3,003.05.
Mumbai, Nov 3: The Bombay Stock Exchange’s Sensex on Monday regained 10,000-points mark and surged by 544 points in early trade on heavy buying by funds as well as retailers.
The regain of 10,000-points mark was sparked by Reserve Bank of India’s (RBI) announcement of fresh set of measures to infuse more liquidity into the financial system.
The 30-share Sensex, which gained almost 1,200 points in the past three sessions, shot up by another 544 points at 10,332.06 on renewed buying in the stocks of banking, capital goods, metals and oil and gas sectors.