Tuesday, January 27, 2015

Asian Market Update : Epic Research Singapore

Asian share markets were mostly firmer on Tuesday and the euro clung to rare gains, relieved that European equities had weathered Greece's election outcome without much disruption.

Bad weather in the United States curbed activity on Wall Street in a busy week for earnings, while investors had reason for caution as the Federal Reserve holds its first policy meeting of the year.

Japan's Nikkei gained 1.4 per cent, while Australia's main index added 0.5 per cent. Moves were mostly modest and MSCI's broadest index of Asia-Pacific shares outside Japan was flat on the day.

China went its own way and the Shanghai index slipped 0.5 per cent.

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