March 15th, 2011
Econintersect: Except for Hong Kong (-0.4%) and Jakarta (-0.3%), the far east stock markets are shaking off the effects of Black Tuesday and rallying in early trading Wednesday, March 16. Tokyo is the leader with a gain of 4% - but that is less than 20% of the decline total from Monday and Tuesday. Follow up:
Follow up:Mumbai (Bombay) is off to a good start, leading all eleven Asia/Pacific markets with a gain of 1%. New Zealand and Seoul are also strong, with gains of 0.7% each, as is Taiwan, up 0.6%. Don't celebrate too much, though, because (1) it is not even midday and (2) the gains are all far less than than half of Tuesday's losses.