HK opened strong but succumbed to some profit taking. it still managed to close up for the day. Over the last 2 days, we have recovered half of the 1,500 point loss on Monday. It seems that with the availability of information over the internet, TV etc. the markets adjustments are shorter in duration but bigger in fluctuations. This is to be expected as everyone now have access to the news at virtually the same time.
Market Indices
Australia All Ordinaries 6728.10 + 1.04%
Bombay Sensex* 19274.16 - 0.65%
Hong Kong Hang Seng 29708.93 + 0.92%
Japan Nikkei 16096.68 - 0.98%
Shanghai Composite 5601.78 + 1.18%
Singapore STI 3673.01 - 0.27%
South Korea Composite 2043.19 - 0.54%
Taiwan Weighted 9300.22 + 0.08%
*Late trading
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