Hong Kong- Hong Kong stocks jumped by 3.5 per cent Monday, spurred on by a resurgent Wall Street to stage their biggest one-day rally in five months.

The Hang Seng Index closed up 712.23 points at 21,104.79 points, 3.5 per cent higher than Friday's close. Turnover was 55.6 billion Hong Kong dollars (7.1 billion US dollars).

The strong performance by the Hong Kong market saw blue chips jump in value as Hong Kong reacted to big gains on Wall Street Friday. On Thursday, the Hang Seng Index lost 2.6 per cent.

Tokyo - Tokyo stocks opened higher Monday on Wall Street rises before the weekend and the US dollar's advance against the yen.

The Nikkei 225 Stock Average increased 232.98 points, or 1.84 per cent, to 12,899.02.

The broader Topix index of all first-section issues was also up 23.77 points, or 1.95 per cent, at 1,240.19.

On currency markets at 9 am (0000 GMT), the dollar was quoted at 109.91-96 yen, up from Friday's 5 pm quote of 109.10-11 yen. A stronger dollar makes Japanese products cheaper overseas.

Indian stocks broadened its losses during the week ended August 22, owing to reappearing US mortgage crisis, exerting pressure on international markets for the week under review.

Global developments, including increase in crude oil prices, high inflationary numbers and sustained capital outflows from the Indian equity also contributed to the downbeat responses, turning the BSE Sensex under the psychological 15K-mark.

Indian stock markets closed the week on a positive note on Friday (August 22) after making a gain of 157.76 points at 14,401.49 after touching an intra-day high of 14,428.52 and an intra-day low of 14,136.86.

In contrast, the broad-based NSE Nifty marked its closure at 4,327.45, up 43.60 points, after touching an intra-day high of 4,337.00 and an intra-day low of 4,248.00.

Indian stock markets closed the week on a pleasant note on account of good buying activity witnessed in metal, banking and FMCG stocks.

The 30-share index, BSE Sensex opened lower at 14,153.39, down 90.34 points, on Friday (August 22) mirroring worldwide signals and also due to rise in crude oil prices. In the noon trades, the BSE traded higher because of strong European markets.  

All sectoral indices marked their closures on a positive note led by BSE Metal, which gained 1.62%, BSE Bankex surged 1.18%, FMCG zoomed 1.09% and Oil & Gas climbed 1.05%.