Tuesday 17 November 2015

Asian Market Update : Epic Research Malaysia

Asian stocks rose across the board on Tuesday, relieved after seeing Wall Street take the Paris attacks in stride and surging overnight, while expectations for a December rate hike by the Federal Reserve kept the dollar on a bullish footing.

MSCI's broadest index of Asia-Pacific shares outside Japan rose 1.6 per cent, bouncing from a 6-week low struck the previous day on risk aversion triggered by the assault on the French capital.

South Korea's Kospi was up 1.3 per cent, Australian shares gained 1.4 per cent and Shanghai shares climbed 1.7 per cent. Japan's Nikkei added 1.6 per cent.

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