Sunday 25 October 2015

Epic Research Update : Asian Markets

Epic Research Update : Asian Markets
Asian stocks tracked gains in offshore markets, extending their rally on the back of another rate cut in China.

China stocks up

Share markets in China joined the rally, with the key Shanghai Composite index opening up 0.8 percent.

The CSI300 Index of the largest listed companies in Shanghai and Shenzhen rose 0.9 percent.

In Hong Kong, the benchmark Hang Seng index elevated 0.7 percent.

Nikkei rallies 1.3 percent

A broad-based rally helped Japan’s Nikkei 225 index to reclaim the 19,000 mark for the first time in more than two months.

Kospi adds 0.3 percent

South Korea’s Kospi index notched up, with tech names and retailers among the early gainers.

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