Wednesday, 23 December 2015

Epic Research Update : Asian Markets


Epic Research Update : Asian MarketsAsian equities delivered some last-minute Christmas cheer, continuing to rally on the last full trading day of the week before the holiday period.

Nikkei up 0.6 percent

Japan’s Nikkei index resumed trade higher after being shut on Wednesday for a public holiday. Minutes from the Bank of Japan’s November policy review released before the market open confirmed the central bank’s easing bias, with members saying policy adjustments should be necessary if the underlying trend in inflation changes.

ASX gains 1.1 percent

Australia’s benchmark S&P ASX 200 index hit a more than two-week high, up for the seventh straight session.

Kospi 0.3 percent higher

South Korean shares hit a new three-week high, on track to post a near 2 percent gain for the week.

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