Nirmal Bang Securities Pvt. Ltd. - Daily Report 010909

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Asian stocks rose, led by technology and mining companies, after Hon
Hai Precision Industry Co. (world’s largest contract maker of
electronics) reported greater‐than‐estimated earnings and China’s
manufacturing expanded at the fastest pace in 16 months. The MSCI
Asia Pacific Index rose 0.3 percent to 113.76 as of 11:16 a.m. in
Tokyo. China’s Shanghai Composite Index, which yesterday fell by the
most since June 2008, added 0.2 percent.
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