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Asian equities were mostly upbeat in Friday’s mid-morning trade, buoyed by overnight assurances from the European Central Bank as well as confirmation from the Chinese central bank that it has injected liquidity into the banking system.
China’s Shanghai Composite was up 5.98 points or 0.25 percent to 2,431.85 while Hong Kong’s Hang Seng declined 134.63 points or 0.57 percent to 23,514.68, at 8:00 hours IST.
Japan’s Nikkei rose 79.03 points or 0.47 percent to 16,871.51 and Singapore’s Straits Times climbed 1.93 points to 3,292.89.
South Korea’s Seoul Composite was up 1.2 points at 1,937.67 and Taiwan Weighted was flat at 8,887.49.
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Posted in: Indian Market Tips
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