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8/30/11

Asia stocks boosted ?


BANGKOK, Make Money Blog $ - Increase in household consumption in the United States joined mendongkak stock prices in Asian bourses. Index also opened excited after the two banks completed the final stage of the process of merging them in Greece in order to reduce debt problems in the country. 

The Associated Press in Bangkok, Thailand, on Tuesday (08/30/2011), reported the Nikkei 225 in Japan rose 1.2 percent to a level of 8956. Likewise, the Hang Seng index in Hong Kong rose 2.1 percent to 20,274.20 and the position of South Korea's Kospi index higher one cent to 1847, and the Australian ASX 200 index expands 0.7 4292.8 percsen into position.
The good news is driven partly by rising stock prices in Europe terkerek by the finalization of the merger of two banks were the second and third largest in Greece. The merger has been approved by the Greek government and the central bank.
In effect, the shares of banking in Asia hit by fresh air from the Greek. Shares of Mitsubishi UFJ Financial Institutions group increased 3.3 percent while at the same time shares of Bank of China Ltd. also boosted 3.2 percent.
Meanwhile, shares of Construction Bank of China to enjoy the price rise was 4.3 percent. That came a day after Bank of America Corp. shares rose 8.1 percent.
Green zone on the stocks in the United States also caused by the initial calculation of the impact of Tropical Storm Irene loss that was lower than initial estimates. The report by the storm also helped shares of insurance companies in the United States to skyrocket. source: kompas.com 

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