Global Markets -17 April 09

Asian Markets
Asian Markets are trading higher following cues from U.S. markets which closed higher led by tech and banking stocks .

Nikkei Stock Average 225 was up 2.22 pct to 8,949.55.
Hang Seng Index was up 1.56 pct to 15,826.50.
KOSPI Index up 0.58 pct at 1,344.50.
Shanghai Composite Index was down 1.48 pct to 2,496.64.U.S. Markets
On Wall Street,Stocks closed higher on Friday encouraged by JPMorgan’s results and tech stocks rallied in anticipation of better results from Google.The Dow Jones industrial average gained 95.81, 1.19 percent, to 8,125.43.The Standard & Poor’s 500 index gained 13.24, 1.55 percent, to 865.30. The Nasdaq composite index was up 43.64, 2.68 percent, to 1,670.44.

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Tagged as: Asian Markets, Dow Jones, Hang Seng Index, JPMorgan's, KOSPI Index, Nikkei, Shanghai Composite Index, US markets, Wall Street