Asian Market Update : Epic Research Singapore

Asian markets extended their recent uptrend on Thursday after US data showed the world's top economy grew much more than expected in the second quarter.

The gains are the latest in a rally fuelled by a broadly upbeat outlook on the global economy. However, a surge in the dollar in response to the US figures was tempered by a guarded report by the Federal Reserve.

Tokyo rose 0.62 per cent thanks to the weaker yen, Hong Kong added 0.32 per cent, Sydney gained 0.33 per cent and Shanghai was 0.11 per cent higher, but Seoul lost 0.20 per cent.
Jakarta was closed for a public holiday.

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