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Tuesday, March 24, 2009

Asian stocks open in green


Asian stocks gained, led by finance and energy stocks, after a US Treasury plan to remove toxic assets from banks triggered a global rally in equities.

Toyota Motor rose more than 3.5% in Tokyo after the yen weakened against the dollar.

Japanese benchmark index Nikkei advanced 201.66 points, or 2.45%, to trade at 8,417.19.

Hong Kong`s Hang Seng index gained 325.75 points, or 2.42%, to trade at 13,773.17.

China`s Shanghai Composite climbed 33.82 points, or 1.45%, to trade at 2,359.30.

Taiwan`s Taiex index went up 92.90 points, or 1.81%, to trade at 5,217.08.

South Korea`s Kospi index rose 12.11 points, or 1.01%, to trade at 1,211.61.

Singapore`s Straits Times increased 25.12 points, or 1.51%, to trade at 1,689.20. (7.48 a.m., IST).