Asia Markets 10/28/2008 Big Move Up (HMC)(HBC)
October 28, 2008 by Douglas A. McIntyre
Markets in Asia rose sharply.
The Nikkei was up 6.4% to 7,622. Honda (HMC) was up on a falling yen. Mitsubishi UFJ Financial due to concerns it will raise over $10 billion diluting current shareholders.
The Hang Seng rallied 11.5% to 12,280. HSBC (HBC) rose sharply.
The Shanghai Composite was up 2.8% to 1,772.
Data from Reuters.
Douglas A. McIntyre
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