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Asian shares jump in relief rally after Greek vote

videosUpdated on Jun 18, 2012 6:14 PM IST
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Asian shares rose nearly 2 % today after Greece's election delivered a slim parliamentary majority to pro-bailout parties, a result seen as crucial to European leaders' efforts to hold the euro together. Hong Kong's benchmark Hang Seng Index opened up 1.8 % at 19,578.1. The Greek election looked set to deliver a government led by conservative New Democracy, heading a coalition broadly committed to a 130 billion euro EU/IMF bailout. However, analysts said the election result was not the end of for problem in the Euro zone.

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