Despite the uncertainty caused by the fiscal crisis in Greece, and fluctuations in the recovery of world economy, last month gave the stock exchanges in Asia at their strongest growth since July 2009. Almost all securities markets in the Asian and Pacific region also failed to finish the quarter and positive territory. Thus, the regional index MSCI Asia Pacific, which combines traded companies from 10 Asian countries, Australia and New Zealand, added 4 percent to its value over the past three months, said fourth quarter growth. Profits from the beginning of March amounted to 6%, which is the strongest monthly growth since July 2009 when the index increased by 8.4%. Stock optimism in Asia in March was fueled by the decision of the Bank of Japan (YATSB) to double the size of the program for the granting of emergency loans to commercial banks in the country. This month the U.S. Federal Reserve renewed its pledge to maintain low interest rates in the country in the coming months to support the fragile economic growth. Liberal monetary policy of major central banks encourage investment in shares, because the source of a large amount of money in circulation and it is also necessary for the recovery of world economy. Fiscal crisis in Greece and concerns about the future of the euro area, however, cast a shadow on financial markets worldwide earlier this year. However the last three months have brought 5 percent growth index of blue chips in Japan’s Nikkei 225, increased 9 percent for the main stock index in Indonesia and Jakarta Composite 8.1 percent increase for the Thailand index Thai. Thanks to strong inflows of external capital Thai rose 64 percent last year, and today it is 84 percent above its level at the end of March 2009.
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