asian stock market december 5 2011

Indonesia stock info - asian stock market december 5 2011, asian market 5/12/2011 ; Asian stocks leapt to their best week of gains since August 2007 as worldwide central bank action to boost banks under pressure coincided with Beijing signalling the start of an easing cycle. The FTSE Asia Pacific index climbed 7.9 per cent to 227.46, the first weekly gains for the region’s markets for more than a month.

Mumbai’s BSE Sensex index climbed 7.3 per cent to 16,846.83 on hopes of an upturn for domestic growth and foreign fund inflows. Hong Kong’s Hang Seng index rose 7.6 per cent to 19,040.39 while the index of mainland-listed stocks, or “H” shares, jumped 10.2 per cent 10,350.51. The Shanghai Composite index slipped 0.8 per cent to 2,360.66.

In Seoul, the Kospi index rose 7.9 per cent to 1,916.04 while Sydney’s S&P/ASX 200 index gained 7.6 per cent to 4,2878.00, with mining heavyweight BHP Billiton rising 7.6 per cent to A$36.65. Feel free to forward this Op Ed and follow our Blog stock market news today

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