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Asian Markets Rally On Tech Stocks |
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8:19 AM EST January 06 2006 |
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Most Asian-Pacific benchmarks rallied, continuing a week-long winning streak on the back of strong tech shares and growing optimism about strong Japanese corporate results in 2006. South Korea’s Kospi hit an all-time high of 1.2% to 1,412.79 with Samsung Electronics, up 1.3%. Shanghai Composite rose 1%, while the Nikkei reached a five-year high of 16,428.21. Hong Kong ended up 0.5% on property and banking stocks.
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