Asian markets continue their party on Monday

September 22nd, 2008

Monday, September 22, 2008 8:16:19 AM IST

The Asian markets continued their party after positive news continued to flow about the US rescue plan for its economic and financial institutions. Shanghai Composite is up 6.86% today.

Other leading markets today include All Ordinaries, (up 3.63%), Jakarta Composite, NZSE 50 (both up over 2%), Nikkei 225 and Taiwan Weighted (both up over 1%) and Hang Seng and Seoul Composite (marginally in the green).

The KLSE Composite and Bombay Stock Exchange are yet to open for the day.

1 U.S. dollar = 45.4194 Indian Rupees
1 U.S. dollar = 106.5530 Japanese Yens
1 U.S. dollar = 0.6908 Euros
1 Ounce Gold = $866.50
1 Barrel Crude Oil = $104.80

Entry Filed under: Global Markets

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