Tuesday, August 19, 2014

Asian Market Update : Epic Research Singapore

Asian shares rose on Tuesday following a bounce on Wall Street as fears ebbed of a direct military clash between Russia and Ukraine and focus turned to a speech this week by the US Federal Reserve chief.
Tokyo climbed 0.93 per cent, Seoul gained 0.74 per cent, Sydney added 0.56 per cent, Hong Kong was up 0.10 per cent while Shanghai traded flat.
The gains came after US stocks rebounded Monday from last week's Ukraine-linked setback, with the Dow surging and Nasdaq reaching a 14-year high.
The Dow Jones Industrial Average finished up 1.06 percent at 16,838.74 while the broad-based S&P 500 added 0.85 per cent to 1,971.74.
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