www射-国产免费一级-欧美福利-亚洲成人福利-成人一区在线观看-亚州成人

WORLD> News
Stock markets rally globally
(China Daily)
Updated: 2008-10-21 07:05

LONDON: World stocks made strong gains Monday as investors took comfort in global efforts to prop up the banking system, allowing for some bargain hunting.

European shares followed Asia higher and Wall Street opened positively in early trade. Gold rose after recent losses, the dollar regained earlier losses and demand fell for government bonds.

Chinese stocks ended higher following reports on the government's new policies to spur domestic demand and better-than-expected economic data.

The benchmark Shanghai Composite Index edged up 2.25 percent to 1974.01 points.

Global interbank lending rates - at the center of fears about the industry freezing up - fell significantly, suggesting that government efforts to provide support were bearing fruit.

"There's a perception that the credit squeeze could be beginning to abate thanks to measures from global authorities over the past couple of weeks," said Philip Shaw, chief economist at Investec.

European Central Bank President Jean-Claude Trichet added to the confidence-building over the weekend, pledging in a radio interview to do whatever it takes to restore confidence to financial markets.

He said the ECB was working very closely with the US Federal Reserve to solve the financial crisis that has crippled equity markets for more than a year.

Also over the weekend, South Korea promised $130 billion in state guarantees and capital injections for banks, while the Dutch government said it would prop up financial group ING with around 10 billion euros ($13.52 billion).

All this was combining to send stocks higher. The pan-European FTSEurofirst 300 was up 2 percent while Japan's Nikkei closed up 3.6 percent.

Emerging market stocks as measured by MSCI gained 2.3 percent.

"Whilst we are clearly not out of the woods yet, investors are looking for anything to hang their hats on," said Chris Hossain, senior sales manager at ODL Securities.

ING was up 18 percent after it agreed to a cash injection as well as scrapping executive bonuses and its year-end dividend.

The dollar was flat against a basket of major currencies but lost early gains against the yen, which tends to fall when investors become more willing to take risks.

Commodity prices pushed higher with oil extending gains to nearly $74 a barrel and gold was up around 2 percent.

Euro zone government bonds were flat to lower on the eased tension over the credit crisis.

Agencies

主站蜘蛛池模板: 91色综合久久 | 九九视频在线看精品 | 怡红院男人的天堂 | 国产高清一国产免费软件 | 毛片高清一区二区三区 | 一区二区三区国产美女在线播放 | 九九在线精品视频xxx | 国产经典一区 | 在线播放一区二区精品产 | 国产免费一区二区三区在线 | 美女大片高清特黄a大片 | 免费永久观看美女视频网站网址 | 国产在线精品一区二区夜色 | 国产17部性孕妇孕交在线 | 国产免费成人在线视频 | 亚洲精品国产综合99久久一区 | 91日本在线观看亚洲精品 | 韩国美女一级片 | 亚洲国产精品自在现线让你爽 | 亚洲欧美日本国产综合在线 | 美国一级免费 | a毛片基地免费全部香蕉 | 久久88| 在线观看精品视频一区二区三区 | 日本欧美三级 | 欧美精品束缚一区二区三区 | 成人免费视频网站 | 高清视频一区 | 国产三级在线观看免费 | 免费精品久久久视频 | 不卡的毛片 | 国产看午夜精品理论片 | 久草视频免费在线播放 | 欧美一级专区免费大片俄罗斯 | 日本亚洲免费 | 大学生一级一片第一次免费 | 国产福利一区二区三区 | 国产精品网站 夜色 | 亚洲日本中文字幕在线 | 欧美色视频在线观看 | 男女猛烈无遮掩免费视频 |