Friday, September 19, 2014

Asian Market Update : Epic Research Singapore

Asian markets rose Friday following a record close on Wall Street, while the pound rallied against other major currencies as investors took early results as showing Scottish voters had rejected independence from the United Kingdom.
The surge in New York - fuelled by the Federal Reserve's dovish comments on interest rates as well as hopes for a record US listing of online giant Alibaba - helped propel the dollar towards the 110 yen mark.
Tokyo climbed 1.45 per cent by the break to its highest point of the year and close to levels not seen since 2007.
Hong Kong added 0.69 per cent, Sydney gained 0.11 per cent and Seoul rose 0.59 per cent. However, Shanghai dipped 0.13 per cent.
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