Index of Asia early this week Menguat

Stock price index at a number of major Asian markets associated with strong investor enthusiasm for the United States government report about the rising unemployment rate. Negative report to Wall Street on Friday last week that it expected the Asian investors continue to give signals of low interest rates in the U.S..

Hong Kong index (Hang Seng) closed rose 1.1 percent to 22.063 and Japan Index (Nikkei) also closed up 0.4 percent to 9,823.90. The influence is also common in the Index of South Korea, Taiwan, Singapore, Australia, and New Zealand. Shares of banking and insurance products increased sharply in trading on several exchanges.

AXA Pacific Holdings Ltd, Australian insurance companies earned more than 32 percent after the owner refused to offer insurance to U.S. $ 10 million from its competitors, AMP Ltd and the main business of AXA SA of France. This refusal to make an offer mengaharpkan investors with higher value.

In Japan, Mitsui Sumitomo Insurance Group gain 8.8 percent increase from non-life insurance, better than the company's revenue last April-September.

Along with the strengthening yen currency value of export products to hit this country. Toyota Motor Exports slipped 0.6 percent while Canon Inc. exports have decreased 0.9 percent.

Asian indices follow the movement of movements on Wall Street with the movement of rising slowly since last Friday. The U.S. government said unemployment would exceed 10 percent for the first time since 1983.

Although the unemployment rate increases, investors received assurances from the U.S. Federal Reserve (the Fed). The Fed will keep interest rates low level of credit between 0-0,25 percent. Low interest rates affect the low demand for U.S. dollar liquidity and support. Ultimately this will impact on the improvement in capital markets.

"Economic sector is still weak and we still expect interest rates will not rise any time soon," said Linus Yip, "This will help boost the U.S. market and Hong Kong," explains Yip.

Yip revealed, after the investor has the U.S. labor data, they will concentrate to the market in mainland China. Several economic indicators which will be released this week oenjualan sectors including retail, industrial output and consumer price index.

In Friday trading, Dow Jones average rose 0.2 percent to 10, 023.42. The Standard and Poors index of 500 closed up 0.3 percent to as low as 1,069.30.