Asian shares gain after upbeat earnings from US tech titans

Asian shares gained on Friday as technology shares were boosted by upbeat earnings from US hi-tech giants while the euro hovered near three-month low against the dollar after the European Central Bank extended its stimulus.

Japan’s Nikkei gained 0.6 percent while South Korea’s Kospi rose 0.2 percent and Australian shares rose 0.2 percent. MSCI’s broadest index of Asia-Pacific shares outside Japan was flat in dollar terms.

Shares in those companies rose 2.8 percent, 4.5 percent and 7.6 percent respectively.

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Posted in: Indian Market Tips