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Nikkei and Kospi Opens on Firm Note, Keeps the Momentum Going

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Nikkei opened up 1.46 pct and trading now at 1.50 pct up while Kospi opened up 1.46 pct but declined slightly to trade at 1.0 pct up at 0100 GMT
Reduced strains in Spanish debt market and decent US corporate earnings which helped US indices to make some smart gains for second day in a raw also helped the sentiment
On South Korean bourse, LG (+2.5 pct) and Samsung (+2.2 pct) gained after US panel rejected plea by Whirlpool accusing the formers of dumping bottom mount refrigerators at unfairly low price

Published: 2012-04-18 02:06:00 UTC+00

See also: Current support and resistance levels

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May 20 at 20:20 UTC