| GEO Business | | Asian markets rise | Updated at: 0854 PST, Friday, April 02, 2010
SINGAPORE: Asian stock markets rose slightly Friday after expanding U.S. manufacturing suggested the world's biggest economy is poised for solid growth this year.
Japan's benchmark Nikkei 225 stock average rose 45.85 points, or0.4 percent, to 11,290.25. South Korea's Kospi was up 0.1 percent at1,720.14 and China's Shanghai index rose 0.1 percent.
In New York overnight, the Dow Jones industrial average rose70.44, or 0.7 percent, to 10,927.07, its highest level since September 2008.
Investors will be eyeing the release of the U.S. jobs report for March later on Friday. Trading volume in Asia was light as markets were closed for the Good Friday holiday in India, Indonesia, the Philippines, Australia, New Zealand, Singapore, and Hong Kong. Markets in the U.S. and global oil trading also are closed Friday.
In currencies, the dollar slipped to 93.74 yen on Friday from93.84 yen on Thursday. The euro was at $1.3569 from $1.3581.
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