India Equity Analysis, Reports, Recommendations, Stock Tips and more!
Search Now
Recommendations
Monday, February 22, 2010
Asian stocks trade positive
Asian stocks gained, driving the MSCI Asia Pacific Index up the most since November, after a smaller-than-estimated increase in US consumer prices eased concern the Federal Reserve will increase interest rates.
Japanese benchmark index Nikkei 225 rose 286.43 points, or 2.83%, to trade at 10,410.01. Hong Kong`s is trading advanced 513.82 points, or 2.58%, at. 20,407.84. China`s Shanghai Composite decreased 12.50 points, or 0.41% to trade at 3,005.63.
Taiwan`s Taiex index advanced 167.99 points, or 2.26%, to trade at 7,609.83. South Korea`s Kospi index rose 32.05 points, or 2.01% to trade at 1,625.95. Singapore`s Straits Times index increased 7.78 points, or to 0.28% trade at 2,764.92. (07.35 a.m., IST)