Asian Markets celebrate global rally

07 Sep 2012 Evaluate

Asian shares ended with their biggest daily gain in six weeks on Friday on the back of celebratory mood in global markets after European Central outlined its bond-buying scheme to help calm the euro zone's debt crisis. Meanwhile investors covered their bearish bets as stronger-than-expected jobs data from U.S. private sector indicated good growth in the key U.S. non-farm payroll figures due out on Friday. Japan's Nikkei climbed around 2% on Friday to its biggest one-day percentage gain in five months.

Asian Indices	Last Trade	Change in Points	Change in %
Shanghai Composite	2,127.76	75.84	3.70
Hang Seng	19,802.16	592.86	3.09
Jakarta Composite	4,143.68	40.82	0.99
KLSE Composite	1,624.55	6.56	0.41
Nikkei 225	8,871.65	191.08	2.20
Straits Times	3,011.70	22.44	0.75
KOSPI Composite	1,929.58	48.34	2.57
Taiwan Weighted	7,424.91	98.19	1.34

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Asian Markets celebrate global rally

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