Asian Stock Markets Today; Close In Positive Territory; Session News Review; Nikkei 225 Index, Shanghai Composite, Hang Seng Index
Posted on | March 6, 2013 | No Comments
Asian Markets News Review Today:
Asian Markets performed well today and finished the most recent trading session in positive territory across the board. Asian markets gained traction last session due, in part, to the noteworthy increases made by the Dow Jones Industrial Average this week. The Dow Jones Industrial Average moved beyond its October 2007 high to close at a fresh all time high this week. Service sector data was better than expected in the U.S this week.
In addition, private sector employment data posted early this morning in the U.S. and was better than expected.
The positive economic data in the U.S pushed international composites higher last session. The Hang Seng, Nikkei 225, and the Shanghai Composite, all closed the last full trading session above the break-even mark.
Asian Markets Composite Close Review Today March 6, 2013:
The Hang Seng in Hong Kong closed the last session higher by .96 percent, positive 217.34, at 22,777.84. The Nikkei 225 in Japan moved higher last session by 2.13 percent, positive 248.82, to close at 11,932.27. The Shanghai Composite index in China, finished the last session higher by .90 percent, positive 20.87, to close the day at 2,347.18.
Frank Matto