World markets up on pension fund buying spree (AP)

Posted by admin on November 2, 2008 under News | 2 Comments to Read

World markets up on pension fund buying spree (AP)

A man walks past an electronic stock board in downtown Tokyo, Japan, Friday, Oct. 31, 2008. Japan's stocks opened sharply lower on Friday, falling below the 9,000 level set up on the previous day. (AP Photo/Itsuo Inouye)AP – World markets rose Friday amid stock buying from pension funds balancing their portfolios at the month’s end and a general sense that share prices may have hit a bottom. Asian shares had earlier closed mostly lower.


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