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US jobs figures boost Asian markets

AFP. Hong Kong
Asian markets jumped on Monday, lifted by better than expected jobs figures out of the United States and stronger japanesedata, boostinghopes the recession-hit economies were on the mend.
TOKYO: Up 1.08 percent. The Nikkei-225 gained 112.17 points to 10,524.26.
HONG KONG: Up 2.72 percent. The Hang Seng Index rose 554.15 points to 20,929.52.
SYDNEY: Up 0.11 percent. The S&P/ASX 200 closed up 4.7 points or 0.11 percent at 4,304.1.
Austock Securities senior client adviser Michael I leffernan said it was a disappointing performance after a rally of more than five percent in the past two weeks.
SHANGHAI: Down 0.34 percent. The Shanghai Composite Index, which covers A and B shares, was down 10.93 points at 3,249.76.
SEOUL: Flat. The KOSPI edged up 0.11 points at 1,576.11.
Airlines fared well on expectations that recent gains in the local currency would boost demand. Korean Airlines added 1.11 percent to 45,500 won and its smaller rival Asiana Airlines jumped 4.95 percent to4,135.
TAIPEI: Up 0.21 percent. The index rose 14.22 points to 6,882.87.
I he impact from the Island's worst Hooding in 50 years, caused by deadly Typhoon Morakot, hit gains made on the back of Wall Street's rally, dealers said.
JAKARTA: Up 1.72 percent. Ihe Jakarta Composite Index gained 40.14 points to 2,389.56.
KUALA LUMPUR: Up 0.26 percent. Ihe Kuala Lumpur Composite Index
added 3.12 points to 1,188.
BANGKOK: Flat. Ihe Stock Exchange of Thailand edged 0.45 points or 0.07 percent to close at 643.75.
MANU A: Up 2.42 percent. I he composite index added 67.60 points to close at 2,850.58.
Jose Vlstan of AB Capital Securities said there was renewed interest in Manila Electric Co. (Meraico) on news that food and beverage giant San Miguel Corp, was keen on buying addi tional shares in the firm.
WELLINGTON: Up 0.39 percent. The NZX-50 rose 11.98 points to 3,080.97.
Investors were looking for clues about the state of the economy as the reporting season began, dealers said.
MUMBAI: Down 0.99 percent. The 30-share Sensex fell 150.47 points to 15,009.77.