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Asian market ends positive; Shanghai Composite Index up 2%

Asian markets ended on a positive note. - Hindalco: A timely placement - Global weakness drags down markets - Investors should be made aware of risks: Bhave - Asian markets end in the red - US markets surge on homes sales data - ITC flares up to 52-week high The Hang Seng advanced 189 points to 22,612. The Nikkei added 41 points at 9,441. The Shanghai Composite Index increased 66 points or 2% at 3,290. The Straits Times, the Seoul Composite and the Taiwan Weighted Indices were up 0.5% each at 2,791, 1,612 and 7,756, respectively. ____________________________________ (Updated at 0832hrs) The Asian markets continue to trade firm. Nikkei is up 50 points at 9,451. The Taiwan weighted has jumped 41 points to 7,756. The Shanghai Composite has added nine points to 3,232, Straits Times has put on 4 points at 2,748 and Seoul Composite has gained three points to 1,610. Hang Seng is the only exception, down 41 points at 22,38. --------------------------------------------------------(Updated at 0850 am) Asian markets are in green this morning. The Hang Seng has added 44 points to 22,467. The Nikkei is up four points at 9,405. Japan"s growing exports have helped ease the recession worries. The Taiwan weighted has jumped 47 points to 7,762. The Shanghai Composite and the Straits Times have added nine points to 3,232 and 2,789, respectively. However, the Seoul Composite has dipped four points to 1,602.


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