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Unread 10-07-2010, 04:18 AM
gnutrade.satya gnutrade.satya is offline
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Smile Asian Markets and European Markets were on a positive note

Japanese Markets closed on a positive note as the Bank of Japan's credit easing measures continued to induce strong inflows, especially in the financial and property sectors. Shares of financial sector jumped, along with the property sector when the Bank of Japan announced a plan to set up a 5 trillion yen fund to buy a wide range of assets including Japanese real estate investment trust.The Japanese Nikkei gained 172.67 points to 9,691.43.

European equities like the FTSE , CAC and DAX saw a bright day as mining companies were among the top gainers, as expectations grew that the central banks would embark on further stimulus measures to support global economic growth.Mining firms ended up high yetserday after talk of extra stimulus from the US Federal Reserve.FTSE , DAX & CAC rose 0.8 to 0.9 percent.
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