Far East Stocks End the Week Strong

March 5th, 2011
in econ_news

Econintersect:  Asia/Pacific stock pretty much shook off weakness in the markets elsewhere in the world and seemed to be ignoring the peristant worries about oil production Friday.  Ten of the eleven major exchanges had a strong day.  Only Mumbai was weak, closing essentially unchanged (-0.02%).  Seven markets gained more than 1%.

Follow up:

The leader was Seoul (+1.7%), followed by Indonesia and Shanghai, both up 1.4%.  The others above 1% were Hong Kong (+1.2%), Sydney (+1.1%) and Malaysia and Tokyo, each ahead by just over 1%.

Source:  Yahoo Finance

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