Asian shares gain as dollar claws back losses and China eases some yuan trading rules

Asian stocks rose on Monday as the dollar clawed back losses. Markets also digested headlines concerning developments out of the People’s Bank of China and European Central Bank announced at the weekend.

The Nikkei 225 rallied 1.25 percent and South Korea’s benchmark Kospi index tacked on 0.99 percent as geopolitical tensions eased on the Korean peninsula over the weekend.

Also in South Korea, retailer Lotte Shopping could potentially sell its supermarket outlets in China depending on the state of bilateral relations between the two countries, Reuters said on Monday. Shares of Lotte Shopping were 0.44 percent higher.

For more information & more nifty futures tips

Call us ✆ – 0731-6642300 or

Visit http://ift.tt/1k8NnLH

Connect with our social media sites

Facebook

Twitter

YouTube

Pinterest

Linkedin

Google+

Follow @Epic_Research

Posted in: Indian Market Tips