Asian-Pacific Markets Are Bullish On iPhone5 Sales

The sales of Apple’s new product called iPhone5 has brought positive tendency to Asian-Pacific stock markets. Investors become more interested in the stocks of tech giants (Apple in particular).

The current situation looks as follows:

·         MSCI Asia Pacific: +0,6%

·         Hang Seng: +0,77%

·         Kospi: +0,45%

·         Shanghai Composite:  +0,52%

·         Nikkei 225: +0,48%

·         S&P/ASX 200: +0,36%

The chart below, courtesy of , reflects the current state of affairs in the market of Nikkei 225:

Yesterday, its behavior looked like the index was going to start another downswing. However, the rally seen during today’s Asian trading session disproves this scenario. The closest level of resistance is 9286.