15 Nov 2013
Confidence is back in Asian stocks
FXstreet.com (Chicago) – Asian equities print mostly gains before closing the week after volatile movements in the markets on data releases and speculations about potential quantitative easing in the US.
The Japanese Nikkei 225 is 1.68% stronger after comments by the government on the reflection of the economy and the performance of the stocks. The winning attitude among market participants in Wall Street may have triggered positivism among Asian market participants. Modeling Japan, the Australian S&P/ASX 200 is 0.73% stronger. In China, the Shanghai Composite is 1.46% up similarly to the Hang Seng 1.05% stronger. The Korean Kospi is 1.74% higher matching the Indonesian IDX performance up 1.52%. In India, the S&P CNX Nifty is 0.47% weaker along with the Sensex down 0.43%.
The Japanese Nikkei 225 is 1.68% stronger after comments by the government on the reflection of the economy and the performance of the stocks. The winning attitude among market participants in Wall Street may have triggered positivism among Asian market participants. Modeling Japan, the Australian S&P/ASX 200 is 0.73% stronger. In China, the Shanghai Composite is 1.46% up similarly to the Hang Seng 1.05% stronger. The Korean Kospi is 1.74% higher matching the Indonesian IDX performance up 1.52%. In India, the S&P CNX Nifty is 0.47% weaker along with the Sensex down 0.43%.