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9/1/11

Participate Wall Street, Asian Stock Moves Positive

Make Money Blog $, Jakarta - the stock exchanges in Asia to move positively on relinya resume trading today. This is due to the positive rate of Wall Street-driven recovery in U.S. manufacturing data. 

Asian stocks rise because the market started a bit of confidence because of global economic conditions are expected to be better than the original concerns.
But the Shanghai stock exchange in Beijing, China which is the world's second largest economy, fell because of the unclear future economic potential.
Quoted from AFP, in trading this afternoon, Thursday (01/09/2011), Tokyo's Nikkei index rose 1.18% or 105.6 points to 9060.8 level.Sydney Stock Exchange rose 0.26% or 11 points to 4307.6 level.Seoul shares rose 0.59 points to 1880.7 level.
Meanwhile, the Hong Kong stock exchange rose 1.01% and the Shanghai bourse fell 0.74%.
Shares in regional exchanges continue gains due to the trust arising from the improvement in the U.S. manufacturing sector data which is the heart of the industry.
In trading Wednesday (08/31/2011), the Dow rose 53.58 points (0.46%) to a level of 11613.53. The S & P500 rose 5.97 points (0.49%) to a level of 1218.89, and the Nasdaq rose 3.35 points (0.13%) to a level of 2579.46.
The market got a boost when the Institute of Supply Management-Chicago reported purchase data index reached 56.5 in August or above analysts' predictions.
Also been reported in a separate place in the U.S. private sector to create 91 thousand jobs in August, is still lower than market expectations.
However, during August, the Dow Jones fell 4.4% after market turmoil caused by chaotic settlement of debt in the U.S., and the decline in ratings from Standard & Poor's. This raises fears of a recession, not to mention there are fears of debt crisis in Europe. source: detik.com
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