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Asian Stock Markets Rally On Tech Shares |
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8:25 AM EST January 12 2006 |
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Asian-Pacific benchmarks rallied on strong technology shares, lifted by analyst upgrades and corporate news. China’s Shanghai Composite was the outstanding leader among gainers, surging 1.3% to 1,226.704. The Nikkei hit a new five-year high of 0.5% to 16,445.19, followed by South Korea’s Kospi, up 0.6%, and Hong Kong’s Hang Seng rising for the eighth consecutive session with a gain of 0.4%. |
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