Alcatel-Lucent
EPA:ALU ISIN:FR0000130007
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Most Asian stocks tumbled massively yesterday as the Obama government suggested a bankruptcy for the struggling US car makers. Most major indices in Asia opened higher on Tuesday despite sharp loss on Wall Street, largely due to optimism of the local economy and corporate performance.
All major indices in Asia opened significantly higher as the US government's plan on bad debts fires up investors' sentiment. Some markets rose 3% or more on Monday and extended their strong rising streak today with financial stocks react the most.
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