Japanese Markets Climb On Open
Tokyo's Nikkei average, the leading Japanese market index, opened up nearly .5 percent in response to U.S. lawmakers' agreement on the $700 billion bailout plan.
In the first 15 minutes of trading, the Nikkei was up 142.89 to 12,036.05, a bit above its 52-week low, but more than 5,000 below its 52-week high.
The Nikkei opened at 8 p.m. Eastern time and could be a predictor for Wall Street's opening tomorrow morning.
President Bush and lawmakers were eager to show the markets, in Washington and abroad, that they were able to strike a deal before Asia opened Monday morning.
Three Australian markets also opened up on the day.
-- Frank Ahrens
By
Frank Ahrens
|
September 28, 2008; 6:36 PM ET
Categories:
The Ticker
Save & Share:
Previous: Breakdown Of the Final Bailout Bill
Next: Morning Briefing
Posted by: SUTTON | September 28, 1908 11:21 PM | Report abuse
THEY STOOD THIS ECOMONIC CRISIS WITH UNITY & THEY DID IT WITH DIGNITY, SERVICE, EXCELLENCE, THAT JUSTICE WILL PREVAIL REGARDLESS OF ALL THE DIFFERENCES, THEY CAME TOGETHER WITH UNITY ON TIME, AMAZING WHAT HUMANS CAN DO, WHEN OUR LIFE IS ON THE LINE. I BELIEVED WE TURNED ABOUT IN TIME AT THE VERY LAST SECOND. WE ALL COULDN'T SLEEP LAST NIGHT BUT WE WILL NOW. OUR FIRST DAY OF THE WEEK SUNDAY & READY FOR MONDAY. IT COULDN'T BE ANY OTHER DAY SEPT, 28,08. OUR NEW BEGININGS TO COME.
--------
Posted by: SUTTON | September 28, 1908 11:22 PM | Report abuse
The comments to this entry are closed.
THEY STOOD THIS ECOMONIC CRISIS WITH UNITY & THEY DID IT WITH DIGNITY, SERVICE, EXCELLENCE, THAT JUSTICE WILL PREVAIL REGARDLESS OF ALL THE DIFFERENCES, THEY CAME TOGETHER WITH UNITY ON TIME, AMAZING WHAT HUMANS CAN DO, WHEN OUR LIFE IS ON THE LINE. I BELIEVED WE TURNED ABOUT IN TIME AT THE VERY LAST SECOND. WE ALL COULDN'T SLEEP LAST NIGHT BUT WE WILL NOW. OUR FIRST DAY OF THE WEEK SUNDAY & READY FOR MONDAY. IT COULDN'T BE ANY OTHER DAY SEPT, 28,08. OUR NEW BEGININGS TO COME.