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dow2664 Markets in Asia were trending higher during the mid-point of their respective trading session. The Shanghai Composite was posting green as was the Hang Seng. As the halfway point of the Asian trading session approached, the Hang Seng and the Shanghai Composite were both moving in positive territory. Global stock indices have notched gains as investors are feeling more optimistic in light of the progressive talks posting relevant to the European debt crisis. Investor confidence received a boost as news broke earlier this week pertaining to the debt crisis action plan. European leaders have publicly discussed the importance of nailing down a definitive action plan to ameliorate the banking crisis in the eurozone. Debt default potentials lowered and as a result, investors felt more confident taking positions. In addition to this positively skewed news, the Chinese government has taken action to get its economy up and moving again. Leaders are moving to provide support for the major banks in the region and the hope is that this move will provide an additional sense of security for investors. So far, the composites are moving in positive territory for this day’s session. The Shanghai Composite was higher by .54 percent at 2,433.06 and the Hang Seng was higher by 1.63 percent at 18,628.48. China Airlines stock, CEA, moved into the green according to MSN Money Stock Quotes. CEA closed the last session higher by 9.29 percent at 18.36. Frank Matto
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