Isnin, 24 November 2008

SE : Asian stocks recover, Kospi jumps 6 p, European shares mixed

Bila Saham Mula Menampakkan Tanda-Tanda Kestabilan. Hope This Is A Very Good News

LONDON: Snapping the four-day losing streak, Asian stocks advanced nearly six per cent in a late rally even as the Japanese central bank said the

sluggishness in the economy is expected to continue for next several quarters.

European shares were swinging between the red and the green territories, shedding initial gains, with concerns of prolonged economic turmoil weighing on investor sentiments. Amid high volatility, the UK's key index-- FTSE 100-- inched up to 3,880.70 points.

As the Asian bourses bounced back into the green, South Korea's Kospi Index and India's 30-share Sensex soared about six per cent.

Further, Japanese benchmark Nikkei 225, Hong Kong's Hang Seng and Singapore's Straits Times Index closed in the positive zone. But China's key Shanghai SE Composite IX slipped little less than one per cent to 1,969.39 points.

Kospi skyrocketed 5.80 per cent to to close above the psychological 1,000 level at 1,003.73 points. Another major gainer was Sensex which shot up 5.49 per cent to 8,915.21 points.

Despite the Bank of Japan presenting a gloomy economic scenario, the country's benchmark Nikkei 225 jumped 2.70 per cent to 7,910.79 points.

"Economic activity has been increasingly sluggish due to the effects of earlier increases in energy and materials prices and the decrease in exports, and this situation will likely persist over the next several quarters," BoJ said in a statement today.

In addition, Hang Seng and Straits Times Index gained nearly three per cent.

1 ulasan:

alieness berkata...

huhu rajin2 tgk berita saham,.. :P


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