London - Trading on the London Stock Exchange recovered after Monday's slump as the Financial Times Index was up by more than 2.5 per cent in early trading, reports said.
The FTSE 100 Index rose by 2.6 per cent, or 122 points, to 4,711.48 during the first hour of trading, following Monday's dramatic 8-per-cent slump which represented the largest one-day percentage decline since 1987.
However, shares in the Royal Bank of Scotland (RBS) were down by 20 per cent, adding to a dramatic cut in early FTSE gains and underlining the continuing volatility of the market, analysts said.
Frankfurt - German stocks recovered some of their losses in early trading in Frankfurt on Tuesday.
The blue chip DAX climbed 1.63 per cent to 5,475 after losing 7.07 per cent on Monday.
Among the winners was troubled property lender Hypo Real Estate (HRE), which is subject of a 50-billion-euro (68-billion-dollar) bail-out after running into liquidity problems.
HRE saw its shares rise 14.3 per cent to 5.35 euros. On Monday, the bank group saw its share price slashed by 37.42 per cent.
Seoul - Shares were up slightly Tuesday on the Seoul stock exchange after recent losses, on hopes that exporting companies could benefit from the steep decline of the local currency, as the won continued its freefall against the dollar, closing at its lowest level in more than six years.
The benchmark Kospi index rose 7.35 points, or 0.5 per cent, to close at 1,366.10. Advancing issues outpaced decliners 526 to 281.
The main index of the technology-heavy Kosdaq market slipped 4.44 points to 401.95.
Sydney - Australian stocks traded in a wide range Tuesday with the announcement mid-session of a 1-per-cent interest rate cut powering the market off morning lows.
The AXS 200 put on 78 points, or 1.7 per cent, to close the day at 4,618.
Sellers swamped the market at the opening bell with the index losing more than 3 per cent in the first minutes of trading.
But the afternoon statement from the Reserve Bank of Australia (RBA) of a bigger-than-expected cut in the rate at which it lends to banks reversed the direction and took stocks out of the red.
Mumbai, Oct 7 : After the downward trend over the past few days, the Sensex opened this morning up by over 379 points in early trade. The improvement in the index was attributed to revival of buying by FIIs after SEBI eased curbs on indirect investments by foreign funds and the RBI slashed CRR.
The 30-share index, which had plunged 724.62 points on Monday, recovered by 379.73 points to 12,181.43 points following rebound in the stocks of banking, capital goods, realty and oil and gas sectors.
Similarly, the wide-based National Stock Exchange''s index rose by 127.05 at 3,729.40.
Manila - Philippine shares dropped 3.01 per cent on Tuesday as panic engulfed stock markets around the world over the deepening global financial crisis.
The Philippine Stock Exchange's 30-share composite index shed 75.34 points to close at 2,424.19 from Monday's finish of 2,499.53 points.
A total of 1.38 billion shares valued at 2.30 billion pesos (48.26 million dollars) were traded.
Losers swamped gainers, 108 to 10, with 28 issues unchanged.
London - Trading on the London Stock Exchange recovered after Monday's slump as the Financial Times Index was up by more than 2.5 per cent in early trading, reports said.
Frankfurt - German stocks recovered some of their losses in early trading in Frankfurt on Tuesday.
Shares were up slightly Tuesday on the Seoul stock exchange after recent losses, on hopes that exporting companies could benefit from the steep decline of the local currency, as the won continued its freefall against the dollar, closing at its lowest level in more than six years.
Sydney - Australian stocks traded in a wide range Tuesday with the announcement mid-session of a 1-per-cent interest rate cut powering the market off morning lows.
After the downward trend over the past few days, the Sensex opened this morning up by over 379 points in early trade. The improvement in the index was attributed to revival of buying by FIIs after SEBI eased curbs on indirect investments by foreign funds and the RBI slashed CRR.
Manila - Philippine shares dropped 3.01 per cent on Tuesday as panic engulfed stock markets around the world over the deepening global financial crisis.
