SENSEX NIFTY
Oct 17, 2012, 08.43 AM IST | Source: Moneycontrol.com

Asian markets gain on strong US earnings

At 8:15 hours IST: Asian markets were trading higher in morning trade on Wednesday following strong earnings from US companies. Hong Kong's Hang Seng Index rose 170.84 points or 0.81 percent to 21,377.91 .

At 8:15 hours IST: Asian markets were trading higher in morning trade on Wednesday following strong earnings from US companies. Hong Kong's Hang Seng Index rose 170.84 points or 0.81 percent to 21,377.91 and Japan's Nikkei 225 Average went up 115.57 points or 1.33% to 8,816.88.

Singapore's Straits Times Index was up 9.91 points or 0.33% to 3,056.72 and South Korea's Kospi Composite Index moved up 14.96 points or 0.77% to 1,956.50.

Taiwan Weighted gained 4.90 points at 7,475.92 while China's Shanghai Composite fell 4.35 points to 2,094.45.

Diversified US healthcare company Johnson & Johnson also increased its full-year profit outlook. Goldman Sachs earnings also beat expectations, its revenue more than doubled and it raised its quarterly dividend .

(With inputs from Reuters)

ADS BY GOOGLE

video of the day

Explore Moneycontrol

Copyright © e-Eighteen.com Ltd. All rights reserved. Reproduction of news articles, photos, videos or any other content in whole or in part in any form or medium without express written permission of moneycontrol.com is prohibited.