Asian shares lifted by official China's PMI data

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Source: Marketwatch
Asian share markets traded mostly higher on Wednesday as most of investors returned from holiday and anticipated optimistic Chinese official PMI data which indicated expansion. Hang Seng index climbed 1%, Shanghai Composite index added 1.8% and South Korea's Kospi gained 0.8%. Japanese Nikkei 225 index surged 0.3% and Australia's S&P/ASX 200 soared 0.1%.
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Wed, 02 May 2012 09:06:58 GMT

Nikkei 225 closes 0.3% up

Japan's Nikkei Stock Average rebounded on Wednesday as Chinese official data showed manufacturing activity in world's second biggest economy improved in April. Nikkei 225 index climbed 0.31% or 29.30 points and finished at 9,380.25. Japan Tobacco advanced 2.4% on news the cigarette producer will increase its dividend and prepares to boost prices in order to meet its earnings target. Kansai

Wed, 02 May 2012 09:19:48 GMT

Dow Jones Industrial Average reaches 5-year record high

Dow Jones Industrial Average index traded higher on Tuesday as higher than expected manufacturing activity in April lifted investor sentiment. Blue chip index rose 0.50% or 65.69 points and closed at 13,279.32. reaching the record high since late 2007. 22 stocks of 30 posted gains. Alcoa and Bank of America led the gains each adding 2.5%. On the downside Cisco

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