According to http://www.bloomberg.com, Samsung, the world’s biggest smartphone maker, jumped 5.3 percent in Seoul after saying it would give details of a shareholder return policy. China Mobile Ltd. (941) climbed to a six-week high in Hong Kong as Citigroup Inc. named the company its top China telecom pick. Samsung Electronics Co. (005930) led a gain in technology shares and Brazilian equities rallied.

Seven out of 10 industry groups in the developing-nation measure advanced today, led by a gauge of technology companies, which rose 1.5 percent to a six-week high, the article continued. Samsung completed its largest three-day gain in six years after the company said it “cautiously expects” an improvement in fourth-quarter profits.

The article continued to say that Investor sentiment has improved “due to better-than-expected numbers from the U.S., bouncing oil prices after the sharp decline and good results in many markets,” Mika Kannisto, a money manager at FIM Asset Management Ltd in Helsinki, said by e-mail. “There has also been positive Russia-specific news.”

I invested once in 3 Com years ago in the US and it split three ways. I had a nice little profit! Technology is very much in use and demand, so why wouldn't stocks rise?