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Asian markets rebound in early trading on banks

HONG KONG (MarketWatch) — Asian markets surged early Monday, with lenders such as National Australia Bank and Korea Exchange Bank soaring after last week’s heavy losses, as countries around the world moved on emergency measures to stabilize the global banking system. Japanese markets were closed for a holiday. Australia’s S&P/ASX 200 index jumped 5.8% to 4,189.90 and South Korea’s Kospi advanced 3.2% to 1,281.61, while New Zealand’s NZX 50 index added 1.5% to 2,847.68.
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Original post by Forextvblog

This entry was posted on Sunday, October 12th, 2008 at 6:34 pm and is filed under Daily Forex Analysis. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

2 Responses to “Asian markets rebound in early trading on banks”

  1. Forex » Asian markets rebound in early trading on banks Says:
    October 12th, 2008 at 11:23 pm

    […] TopForex.info wrote an interesting post today onHere’s a quick excerptAsian markets rebound in early trading on banks October 12th, 2008 HONG KONG (MarketWatch) — Asian markets surged early Monday, with lenders such as National Australia Bank and Korea Exchange Bank soaring after last week’s heavy losses, as countries around the world moved on emergency measures to stabilize the global banking system. Japanese markets were closed for a holiday. Australia’s S&P/ASX 200 index jumped 5.8% to 4,189.90 and South Korea’s Kospi advanced 3.2% to 1,281.61, while New Z […]

  2. Asian markets rebound in early trading on banks · Forex.ExplainedOnline.Net Says:
    October 12th, 2008 at 11:29 pm

    […] Original post by TopForex.info […]

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