Asian Markets Up Sharply Wednesday
Aggregated Source: China Stocks News and Analysis from Seeking Alpha
December 5, 2007|
Asian markets were sharply higher Wednesday, with solid gains across the board. Some attributed the strength to a report the U.K. government was drafting a bill to nationalize troubled bank Northern Rock, which traders took as a message losses from a U.S. subprime mortgage crisis may be limited.
ASIA INDEXES
| INDEX | CHANGE | CLOSE | LOSS/GAIN |
| NIKKEI 225 | +0.8% | 15,4608 | +129 |
| HANG SENG | +1.6% | 29,345 | +466 |
|---|---|---|---|
| SHANGHAI COMP. | +2.6% | 5,043 | +127 |
| BSE SENSEX 30 | +1.1% | 19,752 | +223 |
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