Bangkok (AP) -- Asian stock markets again on Thursday rising momentum, from Washington's agreement to prevent America from the so-called fiscal cliff for the second consecutive trading day.
Hong Kong's hang seng index rose to 23316. 94. Australia's S&P/ASX 200 index rose 0.6% to 4733 points. In Singapore, Taiwan, Indonesia and New Zealand reference has also increased. South Korea's Kospi index fell 0.5% to 2020.17 point.
In Japan and mainland China market is closed, extend the holiday.
Wall Street stock market soared on Wednesday, the first business day of the year, the republicans and the Democrats reached a last minute budget agreement, the reason for this is that investors relief, although compromise left behind a lot of problems unresolved.
The deal does not include any significant deficit reduction agreement, this means that the country still does not have a long-term plan, and even how to cut spending and agreed in principle to. Slash defense and domestic projects, will hit in the New Year, no job, but was delayed for two months.
"Progress will depend on consumption transaction is not talk about into, in the next two months, if there are any national debt is down by analysts said," in Singapore DBS bank co., LTD.
In the United States manufacturing and construction cost of mixed data does not weaken the enthusiasm of investors. The dow Jones industrial average index accept 2.4%, to close at 13412.55. Standard &poor's 500 index rose 2.5% to 1462.42 point. The nasdaq composite index rose 3.1% to 3112.26.
Last month American manufacturing increased slightly, the factory recruitment unit increase. Mild rise, show that the economy in the New Year, some momentum.
Institute for supply management said Wednesday that its manufacturing activity index rose to 50.7 in December, higher than the November reading is 49.5. The index is higher than fifty shows that growth, and index below signal contraction.
The United States dropped construction spending on October 11 month, because in the turbulence federal program sharply offset the residential building another gain.
February delivery benchmark crude oil fell 52 cents, in the New York mercantile exchange in electronic trading of $92.60. The New York mercantile exchange on Wednesday the contract rose $1.30 to $93.12 a barrel.
In the currency, the euro fell to $1.3140 from $1.3178 in New York on Wednesday in after-hours trading. Dollar rose to 87.21 yen, from 87.14 yen.
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