Morning Market News

Share prices on Malaysia stock exchange closed at its 7½-month high Wednesday, thanks to the positive performance of the regional bourses, despite a weak opening in the morning session.

Share prices on the Singapore stock exchange continued with its strong rally Wednesday, with its benchmark index gaining more than 5% and continued as one of Asia’s best performing equity markets for the day.

Wall Street closed higher Wednesday led by finance stocks, as the report on stress test due Thursday suggested major banks are better capitalized than earlier thought coupled with better than expected job loss figure.

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