World markets rise after Wall Street bounceback (AP)

Posted by admin on February 16, 2009 under News | Read the First Comment

World markets rise after Wall Street bounceback (AP)

An investor looks at the electronic stock price board at a private securities company Friday Feb. 13, 2009 in Shanghai, China. Chinese shares rose Friday to a five-month high on investor enthusiasm about higher liquidity in the economy after the central bank confirmed January bank lending hit a record high. The benchmark Shanghai Composite Index jumped 3.2 percent, or 72.7 points, to close at 2320.79, ending the week up 6 percent. (AP Photo/Eugene Hoshiko)AP – World stock markets rose Friday, boosted by a late turnaround on Wall Street and renewed hopes about government economic stimulus plans as Group of Seven finance ministers gathered in Rome.


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