After three days of weakening, the stock price index at a number of major Asian markets rose in late afternoon trading Friday, October 30, 2009. The trigger was the improvement in the economy United States (U.S.), based on current level of gross domestic product (GDP), after a decline last year.

Economic empowerment in the country’s biggest consumer goods production of the Asian countries that raise hopes of increasing U.S. demand for Asian products.

Indicator of stock prices from Tokyo to Sydney gained 1.5 per cent or more. Meanwhile, oil prices approaching U.S. $ 80 per barrel due to strengthening of the U.S. economy indicated demand for crude oil will be strengthened. Hang Seng Index (Hong Kong) rose sharply 520.66 points (2.5 percent) to 21,785.65 level.

The Nikkei 225 rose 143.64 points (1.5 percent) to 10,034.74 level. But Kospi index (South Korea), after a strong, closed down 0.3 percent to 1580.69 level. Meanwhile, the Shanghai composite index (China) rose 1.2 percent, the index Sensex (India) rose 0.7 percent and Australia’s benchmark index gained 1.5 percent.

U.S. Commerce Department reported that U.S. gross domestic product rose to an average annual 3.5 percent in the third quarter. This is the first growth of the economy after four consecutive quarterly decline.

But analysts wary because it will be difficult to maintain these stages. Most of the growth impetus in the countries of the world’s strongest economy comes from ekonomipemerintah stimulus.

Another positive signal came from Japan when the Japanese central bank said it would stop buying corporate debt in December, ending a number of emergency loan programs that applied earlier this year to combat the recession, the stock market slump and credit crunch. The news came after the two most powerful nations of the world economy reported the decline in the unemployment rate in September.

But there are still concerns whether private economic activity can sustain growth when the effects of the government’s economic stimulus and interest rates are very low starting stop. “The projection of the external demand is still unclear,” said Goldman Sachs economist, Chiwoong Lee, in his report.

“Government policies in Japan and other countries should support production growth in the rest of this year. But we still saw a risk of production will fall if the endorsement of the policies gone.”