Asian Markets Positive early morning

Asian markets opened on positive note on Tuesday (May 27, 2008), due to the buying interest at the lower levels.

Japan`s biggest carmaker, Toyota Motor, rose after share price sank touched one month low. The world`s second-largest chipmaker, Samsung Electronics rose after Nomura Holdings raised its rating.

Japan`s index Nikkei 225 rose 112.43 points, or 0.82%, to trade at 13,802.62.

Hong Kong`s index Hang Seng rose 108.94 points, or 0.45%, to trade at 24,236.25.

China`s Shanghai Composite rose 3.44 points, or 0.10%, to trade at 3,367.98.

Taiwan`s Taiex index rose 55.13 points, or 0.63%, to trade at 8,762.96.

South Korea`s KOSPI rose 16.34 points, or 0.91%, to trade 1,816.92.

Singapore`s Straits Times rose 2.08 points or 0.07%, to trade at 3,105.38. (8.31 a.m. IST)