Asian Markets – 16 April 09

Asian Markets
Asian Markets are trading higher following cues from U.S. markets on signs of easing recession.

Nikkei Stock Average 225 was up 2.90 pct to 8,996.39.
Hang Seng Index was down 0.33 pct to 15,618.60.
KOSPI Index up 1.70 pct at 1,355.70.
Shanghai Composite Index was down 1.14 pct to 2,507.12.

U.S. Markets
On Wall Street,Stocks were volatile on Wednesday and close the day with some gains on signs of easing recession.The Dow Jones industrial average gained 109.44, 1.38 percent, to 8,029.62.The Standard & Poor’s 500 index gained 10.56, 1.25 percent, to 852.06. The Nasdaq composite index was up 1.08, 0.07 percent, to 1,626.80.

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