Asian Stocks Surge To 2009 Highs

asianfood tbi

US markets rose to their highest levels of the year yesterday, and stock markets in Hong Kong, Australia, Taiwan, and South Korea all did the same.

WSJ: Japan’s Nikkei 225 Average rose 0.5% to 10270.77, Hong Kong’s Hang Seng Index jumped 2.6% to 21402.92, Australia’s S&P/ASX 200 advanced 2.4%, South Korea’s Kospi climbed 1.8%, Taiwan’s Taiex expanded 1.3% and New Zealand’s NZX 50 added 0.6%.

In afternoon trading, India’s Sensex rose 0.8% and Singapore’s Straits Times Index advanced 1.5%.

One loser: China, which was down 1.1%.

NOW WATCH: Money & Markets videos

Want to read a more in-depth view on the trends influencing Australian business and the global economy? BI / Research is designed to help executives and industry leaders understand the major challenges and opportunities for industry, technology, strategy and the economy in the future. Sign up for free at