24/7 Wall St.

Stocks:  (CAJ)(FUJ)(HIT)(HM)(NIPNY)(NTT)(SNE)(TM)(PCW)(CHU)(CHL)(HBC)

Asian markets rallied sharply.

The Nikkei was up 1.1% to 15,914. Bridgestone was up .4% to 2415. Canon was down .3% to 6090. Daiwa Securities was down .5% to 1216. Fuji Film was down 1.3% to 4500. Hitachi was down .3% to 682. Honda was down .2% to 4110. NEC was down 5.6% to 557. NTT was up .3% to 567000. Sharp was down .2% to 1990. Softbank was up 8.4% to 2320. Sony was down .8% to 4690. Toshiba was up 1.1% to 723. Toyota was up .9% to 7010. Yahoo Japan was up 4.6% to 43100.

The Hang Seng was up 1.3% to 19,251. Cathay Pacific was up 2.1% to 18.78. China Mobile was up 1.7% to 67.8. China Unicom was up .6% to 8.64. HSBC was down .1% to 146.5. PCCW was up .2% to 5.11.

The KOSPI was up up 1.2% to 1,423.

The Straits Times was up 1% to 2,830.

The Shanghai Composite was up .2% to 2,041.

Data from Reuters.

Douglas A. McIntyre