Asian Stockmarkets modestly higher

Source: www.forexlive.com

Asian Shares are modestly higher today, with the Nikkei closing out the morning session up 98 points or 1%, at 10,076. Mitsubishi Heavy was up 6% on a report that it was close to securing a large scale construction deal in Australia. Mask makers were also trading higher after the the H1N1 flu pandemic alert was raised from 5 to 6. In Sydney, the ASX200 is up 0.2% after strong gains all week. The banking stocks are all trading a touch higher with CBA the best of the bunch, But traders are sighting some profit taking to come this afternoon. RIO continues higher, up 0.3% but BHP is already seeing profit taking down 1%. The Kospi is trading up 0.3% and NZ is up 0.2%.


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