The US market rose 316 overnight and HK went up 1,362 to close at 29,166 on HK$149 billion turnover. China Mobile up 9% and accounted for 363 points of the rise.
Property counters were all up except for New World Properties which fell against the trend. Mongolian Energy #276 fell 16% from $13.80 to $11.56 after rising as high as $14.42 and then falling to as low as $9.60 before recovering near the close.
Market Indices
Australia All Ordinaries 6650.00 + 1.20%
Bombay Sensex* 19868.18 + 4.37%
Hong Kong Hang Seng 29166.01 + 4.90%
Japan Nikkei 15499.56 + 2.47%
Shanghai Composite 5412.69 + 4.94%
Singapore STI 3531.45 + 1.61%
South Korea Composite 1972.58 + 2.05%
Taiwan Weighted 8942.93 + 2.47%
*Late trading
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