Wednesday 26 August 2015

Epic Research Update : Asian Markets

23:48

Unknown

China’s Shanghai Composite index fluctuated around the critical 3,000 mark early Thursday, tracking the positive sentiment across Asia underpinned by Wall Street’s biggest one-day gain since 2011 overnight.

The benchmark Shanghai Composite traded in positive turf, but remain just shy of reclaiming the key 3,000 level as gains fluctuated.

Among China’s other indexes, the CSI300 and smaller Shenzhen Composite rose nearly 2 percent each. Hong Kong’s Hang Seng index also elevated 2.4 percent.

Equity markets in Japan outperformed in early trade, with the benchmark Nikkei 225 index jumping amid a broad-based rally, while the Topixindex surged 2.4 percent.
South Korea’s Kospi index notched up to a one-week high, a day after posting its biggest single-day rise in two years.