Thursday 22 August 2013

Asian Markets Update

Asian shares rose in early trading on Friday after economic data suggested the global economy is expanding, which took the edge off persistent fears of the US Federal Reserve’s likely withdrawal of stimulus, reported Reuters.
China’s Shanghai Composite added 0.38 percent or 7.85 points at 2,074.98.
Hong Kong’s Hang Seng rose 0.71 percent or 155.19 points at 22,050.59.
Japan’s Nikkei surged 2.59 percent or 346.28 points at 13,711.45.
Singapore’s Straits Times advanced 0.32 percent or 10.04 points at 3,099.44.
South Korea’s Seoul Composite rose 1.06 percent or 19.64 points at 1,868.76.
Taiwan’s Taiwan Weighted gained 0.81 percent or 62.91 points at 7,877.29.

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