The FTSE advanced 4%, while Hang Seng, Korean Composite and Nikkei rose 3% each. S&P 500 and NASDAQ Composite ended flat.
Pharmaceuticals companies were in demand during the fortnight. Mangalam Drugs & Organics and Suven Life Sciences soared 38% and 19%, respectively. Cadila Healthcare, Lupin and Wockhardt advanced 7% each.
Sugar companies were punished. KM Sugar Mills, Thiru Arooran Sugars and Ponni Sugars (Erode) tumbled 24%, 23% and 22%, respectively. Uttam Sugar Mills and Bajaj Hindusthan Sugar declined 19% each.