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8 May 2013
Green all over Asian bourses; Nikkei approaches fresh 5-year high
FXstreet.com (Barcelona) - Following better than expected China trade balance figures, reporting a net worth $18.16B surplus, local share markets are extending earlier gains all across the board, lead by Nikkei index that prints fresh almost 5-year highs barely below the 13400 points mark, up +1.25% for the day so far. The last time Nikkei index was this high was back in early June 2008, when it topped at the 14600 points mark.
Other Asia-Pacific markets are also following US fresh all time record highs with SP500 closing in NY at the highs 1625, figure never seen before, adding +0.52% on the day, and futures now trading slightly below there. Australian ASX index climbs +0.64%, Korean Kospi +0.29%, Hang-Seng +0.48%, and Shanghai +0.59%.
Other Asia-Pacific markets are also following US fresh all time record highs with SP500 closing in NY at the highs 1625, figure never seen before, adding +0.52% on the day, and futures now trading slightly below there. Australian ASX index climbs +0.64%, Korean Kospi +0.29%, Hang-Seng +0.48%, and Shanghai +0.59%.