Bangkok - Thai shares jumped 3.4 per cent on Monday, propped up by growing confidence in the economy after a reduction in oil prices.
The Stock Exchange of Thailand (SET) index ended at 687.30, up 22.78 points, or 3.43 per cent, on 14.5 billion baht (433 million dollars) worth of trading.
"Investors came back to the market to snap up shares cheap, but this is not necessarily a sign that the market is on the rebound for the long term," said Mongkol Puanghaetha, an analyst at Adkinson Securities.
He noted that the volume of trade was low, at only 14.5 billion baht, suggesting that many investors have take a wait-and-see stance after the sharp slump in share values last week.
Hong Kong - Banking stocks led a resurgence in share prices Monday after the benchmark Hang Seng index in Hong Kong rose 3.1 per cent to post its largest single-day gain since early April. The index closed 658.7 points up at 22,532.9, the highest level since June 25.
HSBC Holdings led the charge, closing 4 per cent up at 124.80 Hong Kong dollars (16 dollars). This followed reports the bank has held talks with a Chinese state-controlled investment fund about a possible investment deal.
The Bank of East Asia rose 3.04 per cent to end the day at 37.40 Hong Kong dollars.
Property stocks also made significant gains after government figures showed the number of homes on the market fell to a record low in the first half of this year.
Indian stock markets went up further over the week ended July 18, helped by lower than expected inflation numbers together with falling crude oil prices.
The market remained volatile during the week ended July 18. It made the majority of profits on Friday after the declaration of inflation figures.
heavy buying activity witnessed across board.
Indian stock markets went up further over the week ended July 18, helped by lower than expected inflation numbers together with falling crude oil prices. 
