Market Commentary

Asian Markets Trading Higher, Hang Seng up 0.71% & Nikkei up 2.19% - Microsec



Posted On : 2013-01-17 21:04:59( TIMEZONE : IST )

Asian Markets Trading Higher, Hang Seng up 0.71% & Nikkei up 2.19% - Microsec

Asian Market is trading higher as Hang Seng was up by 0.71% while Nikkei 225 was up by 2.19% and Chinese markets were up by 0.62%.

Asian stocks climbed after data showed that China's economy accelerated for the first time in two years. The yen traded near a 2 1/2-year low and the Topix index jumped on prospects the Bank of Japan will extend asset purchases. Overnight U.S. markets were up by 0.63%.

SGX Nifty at 9:00AM was trading at 6077 with a gain of 23 points.

Source : Equity Bulls

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