Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED -- Ignore unavailable to you. Want to Upgrade?

To: Dealer who wrote (41469)	9/12/2001 10:08:52 PM
From: Dealer	Read Replies (1) \| Respond to of 65232

Asia Markets Asian markets bounce back Tokyo rises 0.5%; Seoul rebounds 2.7% By Mariko Ando, CBS.MarketWatch.com Last Update: 9:13 PM ET Sep 12, 2001 TOKYO (CBS.MW) - Tokyo joined the rest of Asia in rebounding Thursday from massive losses yesterday following a terrorist attack in New York and Washington. By early morning, the Nikkei Average was up 0.56 percent, or 53.83 points, at 9,663.93. On Wednesday, the Nikkei Average tumbled 6.6 percent to close at 9,610.10 -- below the 10,000 level for the first time since August 1984. But volume was thin as investors remained cautious on anxiety over Wall Street's possible negative reaction after the market resumes trading as early as Friday. See full story. The Tokyo Stock Exchange delayed start of trading by 30 minutes Thursday. It will also continue to limit the maximum daily price fluctuation range to half of normal levels in a bid to prevent violent fluctuations in Japanese stock prices in the wake of terrorist attacks in the U.S. The TSE has also continued to suspend trading of U.S. stocks in Tokyo. The dollar was quoted at 119.67 yen by early morning Tokyo, up from 119.37 yen late Wednesday. In Seoul, the Kospi opened up 2.66 percent at 488.25, bouncing back somewhat from Thursday's 12-percent plunge. Australia's All Ordinaries Index added 0.43 percent to 3,064.30 by early morning. New Zealand's NZ Top 40 was trading up 0.97 percent at 1,891.65 by late morning. The index fell as much as 5.8 percent yesterday to a low of 1,850 -- its lowest level since October 1998 -- before closing down 4.6 percent.