TOKYO -- Asian equity markets ended the week on a positive note, as the
Nasdaq Composite Index's
rally Thursday buoyed tech shares. Tokyo's market was closed for a holiday.
As Japanese investors enjoyed a three-day weekend, elsewhere in the region bank and telecom issues were snapped up alongside technology stocks.
In Hong Kong, the
index rose 302.6, or 2%, to 15,594.1, as
rose HK$1.65, or 3.3%, to 51.25 ($6.57) and
surged HK$3.50, or 3.1%, to 116.50. Internet firm
Pacific Century Cyber Works
rose HK$0.20, or 3.5%, to 5.95.
In South Korea, the
index rose 2.3, or 0.4%, to 560.4, as
rose 200 won, or 0.3%, to 71,500 ($62.89) and
jumped 6,000, or 3.6%, to 172,000.
index also climbed 170.0, or 3%, to 5796.1, as chipmaker giants
rose 5.8% to 109.50 Taiwan dollars ($3.39) and
soared 5.9% to 62.50.
The dollar traded at 108.17 yen from 108.23 yen Thursday.