Wednesday, October 29, 2008

ST Index 1,671.20 +4.71
Volume 1,443.3M
Value $1,511.2M
Gainers/Losers 220/302


Stock markets soared on Wednesday ahead of an expected rate cut in the United States,
Tokyo's Nikkei main index soaring 7.74 percent by the close, Australian shares up 1.3 percent after falling back from strong early gains and Hong Kong's Hang Seng ended the morning 1.4 percent up.

Tue:The Dow Jones Industrial Average rocketed 889.35 points (10.88 percent) to finish at 9,065.12. The gain was eclipsed only by a 936-point advance on October 13, and was the sixth largest in percentage terms for the blue-chip Dow.

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