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Most Asian markets rise

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(CNN) -- A three-peat of advances on Wall Street helped light a fire under Asian markets Friday, with Tokyo's Nikkei average closing 5.2 percent higher, and Hong Kong's Hang Seng jumping up 4 percent near closing.

Australia's All Ordinaries index closed up 3 percent, and Seoul's KOSPI was down less than half a percent at closing.


Chinese Premier Wen Jiabao's remarks boosted shares in China. Meeting with reporters in Beijing Friday after the annual parliament session, he said that China was ready to deliver new stimulus packages if needed. He remained committed to government projections forecasting 8 percent growth in 2009 but tied them to concerns over China's holding of vast amounts of U.S. government debt.

On Wall Street Thursday, the Dow Jones industrial average surged 3.5 percent, and investors appeared ready to extend the week's stock rally to a fourth straight session on Friday.

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