Asian stocks rally on China's announcement - News - Dukascopy Bank

Wed, 15 Feb 2012 10:01:28 GMT
Source: Marketwatch
 
© Scanpix/AFP
Asian markets appreciated sharply on Wednesday as investors anticipated news China may step in and invest in European bailout funds to support its biggest export region. Japanese Nikkei Stock Average rocketed 2.3%, Hong Kong's Hang Seng Index climbed 2.1% and Shanghai Composite Index added 0.9%. South Korean Kospi advanced 1.1% and Australia's S&P/ASX 200 index surged 0.2%.

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