Wall Street's earnings season with the arrival of European debt crisis for the global stock market panic is temporarily defused. Alcoa reported a 10-hours announcement, the company to profitability last quarter, earnings season for the U.S. stock market ignite hope. In addition, Japan announced it would buy the euro zone bonds, but also good for the global equity markets. By the above factors, the 11 Asia-Pacific and Europe, trading in the stock market performance of major stock indices generally better than the previous session.
As of 11 close, the Asia-Pacific region, Singapore, South Korea and Sri Lanka and other countries stock indexes rose slightly, Bangladesh is the former stock index plunged nearly 9% of the day soaring more than 15% conversion. Hong Kong's Hang Seng index rose 0.99%; Chinese Taipei Weighted Stock Index rose 1.29%. 11 European morning trading, the major indexes also rose across the board, Britain, France and Germany in the stock market gains ranging from 0.5 to 1 percent.
But the previous trading day, the global stock market is still in widespread panic in the fall. As has been reported that France and Germany put pressure on Portugal to the latter is to receive assistance, 10 markets in Europe intensified concerns about the debt crisis, global stock markets generally fell. One of Europe pan-European FTSEurofirst index index ended down 1% last week, the index rose 2% of the total. Outside the euro zone sovereign debt has the weight of exposure among the top bank shares fell. BNP Paribas, the Spanish international banks, Societe Generale and UniCredit fresh setback ranging from 2.7 to 5.7 percent, Greece's bank index by a whopping 6.6%. In addition, this week plans to sell bonds over euro zone countries, but also make the market worried about the debt crisis in the region warming.