Asian Share markets are mostly higher today after a rise in the US. Technology stocks seem to be leading the way in Tokyo and Seoul after some optimistic comments from Intel on its eanings outlook after market. In Seoul, Samsung Electronics is up 5% and LG is up 2.5%. In Japan, Tokyo Electron is up 1.3% and Nikon up 1.6%.
The Nikkei is up 0.5%, the Kospi up 2.4% and the ASX200 up 1.2%. Dow futurs are currently up 70 and Nasdaq futures up 23.
Commodity stocks gained fround in Sydney, BHP up 0.6%, RIO up 1.5% and FMG up 3.3%.
August Nymex cude oil futures were up 0.7% after API inventory data in the US showed stronger than expected demand.