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Old 06-15-09, 06:47 AM
gnutrade.satya's Avatar gnutrade.satya gnutrade.satya is offline
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Smile Asian Market Analysis by experts

Asian markets were also boosted from good data coming in from US, Japan and China. The Hang Seng breached the 19000 point level. DBS Vickers director Peter Lai, said: "Pushing the index above 19,000 points was crucial to creating the impression that this is a bull market. But at this level selling pressure is very high. Funds that bought into the market at 12,000-13,000 points have already begun to take profit."

The Nikkei closed at 10,131, up 150 points on the day. The Hang Seng index rose 98 points to 18,889.
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