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Strong growth on Asian markets

de Radu Rizea     HotNews.ro
Joi, 30 octombrie 2008, 9:36 English | Business

The Asian stock markets continue to grow significantly, after FED decreased the key interest rate to 1%. A similar measure is expected to be adopted in Japan today. The USA GDP is also expected on Thursday.

The stock market in Japan saw its main indicator, Nikkei, growing 9.96% on Thursday, after growing 7.74% on Wednesday and 6.41% on Tuesday. On Monday, Nikkei was at its lowest level in the past 27 years.

In Seoul, the stock market was closed at an 11.95% growth, in Sidney - at 4% and at 6.29% in Taipei.

In New York, the market saw the Dow Jones decreasing 0.82%, even after the announcement on the key interest rate, but Nasdaq grew 0.47%.






















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