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Asian Benchmarks Close Higher, Rebounding From Sharp Declines |
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8:47 AM EDT October 20 2005 |
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Asian-Pacific benchmarks rebounded from heavy losses yesterday to close generally higher, reacting to a broad U.S. markets rally on the back of positive news on the corporate and economic front. The Nikkei bounced off a six-day decline to finish up 0.5%. Across the region, Hong Kong’s Hang Seng added 0.3%, South Korea’s Kospi climbed 0.8%, and China’s Shanghai Composite gained 0.1% on economic growth data. |
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