Stock markets in Asia are growing at statdannyh of the United States and increasing commodity prices

Stock markets in Asia show growth on Thursday against the backdrop of positive statdannyh on orders for durable goods in the United States and higher prices for metals, reports Bloomberg.

Composite Stock Index in Asia Pacific MSCI Asia Pacific rose from the opening bid at 0.9% - to 101.74 points.

Japanese Nikkei added 1.7%, Australian SP/ASX200 - 0,7%.

the best performing stocks are high-tech and mining companies.

We have managed to survive the most difficult period of crisis due to government actions around the world. I remain confident that the recovery in the global economy will begin with the second quarter, - said a senior analyst Okasan Asset Management Co. Yoshihiro Ito.

South Korean Kospi index rose 2.3% after the Government had improved the economic outlook for the current year. Authorities are expected to decline to 1.5% of GDP instead of the previous 2% forecast.

Orders for durable goods in the United States unexpectedly rose in May - at 1.8%, according to the Ministry of Commerce. This is a record rise in December 2007, while a month earlier were reported to increase 1,8%.

At the same time, analysts predicted decline in the last month at 0.9%. Orders excluding transportation equipment increased by 1.1%, while the experts were expecting a decrease of 0.5%.

Federal Reserve System (FRS) the USA on Wednesday decided to maintain the target range of the base interest rate from 0% to 0.25% per annum. In addition, the U.S. Central Bank did not change the amount of redemption of bonds worth $ 1.75 trillion, saying that it is not necessary, because the recession is weakening.

Information received after the FOMC meeting in April, confirms that the pace of decline slowing economy. Conditions in financial markets in general have improved in recent months, - says the paper for the meeting of the Committee on the open market.

value of the shares of Japanese manufacturer of road construction equipment Komatsu Ltd. grew by 3.5% against a background of positive statistics from the United States.

price of securities the third-largest mining concern the world Rio Tinto Ltd. increased by 3.3% due to higher prices of metals on world markets.

Stock Quotes Mitsubishi Electric jumped to 7.2% on reports of Japanese media that the company is planning the construction of solar power plants in Europe and the United States.

Japanese manufacturers of agricultural machinery Kubota Corp. and Iseki Co. preparing an expansion in the Chinese market, writes the newspaper Nikkei. The papers of both companies went up by this news for more than 4%.

Securities Exchange South Korea's Samsung Electronics Co., the world's largest manufacturer of TV sets with LCD screens rose to 1.7%, after U.S. authorities announced that a similar product Sharp violates some patent rights Samsung. Commission on International Trade in the U.S. may ban import of a number of models of Sharp televisions and monitors into the country.


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