AsianShares tick up but oil rout dampens sentiment

Oil prices traded near their lowest levels since October last year, having dived 8 percent on Friday for the biggest weekly losses in nearly three years, with rising US production intensifying fears of a supply glut
Asian shares edged higher on Monday, though investors were cautious as plunging oil prices fanned worries about a dimming outlook for the global economy.

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Posted in: Indian Market Tips