Tuesday, 7 May 2013

Asian Markets Update


Asian shares rose on Wednesday on another record high for US stocks and unexpectedly strong German industrial orders, as investors await the first batch of April data from China for the latest take on the region’s powerhouse economy.
Japanese stocks were likely to be the region’s outperformer, eyeing to test a fresh five-year high. The Nikkei stock average opened up 0.1 percent after soaring 3.6 percent to rise above 14,000 for the first time since June 2008 on Tuesday.


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